Timaru real estate market looking positive for 2018SUPPLIED Real Estate Institute of New Zealand District forum leader Julian Blanchard. Real estate commentators remain confident in the Timaru market as 2018 approaches even though recent figures show a drop in house prices. In November, figures from Real Estate Institute of New Zealand showed the median house price in Timaru was $350,000 compared to $357,500 in November 2016. Blanchard said the Timaru market had remained buoyant over the past 12 months, despite predictions and comments. "The local real estate market is made up of lots of different parts and one part changing does not make a lot of changes.

Source: Stuff January 01, 2018 04:30 UTC