First-home buyer interest in Christchurch property rose 18 per cent following the first week of lockdown – significantly higher than the national average. Independent economist Tony Alexander said a recent nationwide survey of real estate agents found 11 per cent reported increased interest from first-home buyers during the first week of lockdown. READ MORE:* Fewer investors in property market after rule changes* Is it too late to get onto the property ladder? Supplied Independent economist Tony Alexander says interest in the Christchurch property market from first-home buyers jumped 18 per cent in the first week of lockdown. Monthly median house prices were 49.9 per cent lower than Auckland and 35.2 per cent lower than Wellington in the second quarter of 2021, the spokesperson said.

Source: Stuff September 17, 2021 17:00 UTC