When planning a move to New Zealand, how far will your money stretch when the time comes to buy a home? This article investigates what happened to prices over the course of 2019 and reveals what property experts are predicting for New Zealand’s property market in 2020.
Christchurch and its scenic surrounds have a whole lot to offer those looking to move to New Zealand. For one, the Canterbury region was just listed on National Geographic Travel’s Best Trips List 2019. no doubt due to its access to adrenaline sports, potential for wildlife encounters (whales and dolphins) and its stunning scenery. While Christchurch has suffered since the earthquakes of 2010 and 2011, the new city that has emerged is a united, welcoming and exciting place to be whether you are moving to New Zealand alone or with your family.
While prices grew consistently in many parts of the country, it was finally a different story in Auckland and Christchurch, where prices actually declined over the course of the year. It seems measures imposed by the Labour government to control prices may have worked! So, what can we expect from the New Zealand property market in 2019?