Photo: File imageAuckland first-home buyers and other out-of-towners continue to be lured to Christchurch as property values grow at a faster rate than other main centres. The index recorded a modest drop nationally in property values of 0.2% in December and 1% over the year. Overseas arrivals from the likes of India or South Africa are often making new homes near migrant communities. The latest OneRoof house price figures show the average property value in Christchurch is about $805,000. The property market was providing good value for money with a three-bedroom house in a suburb close to the city going for $700,000 to $800,000, he said.
