Christchurch leaders can see confidence returning to their quake-battered city as the number of residents moving overseas has almost halved from a year ago.
Mayor Bob Parker is now predicting a "complete reversal" of the trend of people leaving Christchurch in the months ahead as the pace of the huge city rebuild picks up.
"Home looks an increasingly good option - and that's exactly what it's going to be," Mr Parker said. "We are heading into a time of opportunity."
Figures released by Statistics New Zealand show the number of Christchurch residents migrating overseas last month was 600, down from March last year when 1100 fled after the February 22 earthquake that claimed 185 lives and caused widespread destruction.
Last month's number is not far from that of March 2010 - before the earthquakes - when 500 Christchurch residents moved overseas.