Christchurch's real estate boom shows no signs of diminishing, with leading agent Ray White's Christchurch offices shifting 24 properties worth a combined value of more than $16.5 million last week.
Seventeen of the properties went under the hammer, with the remainder snapped up before the scheduled auction date.
"It was a crazy week of auctions with six properties called forward with pre-auction offers and outstanding results," said Ray White New Zealand South Island regional manager Jane Meyer.
She said internal auction data showed the auction day clearance rate in Christchurch last week was 82.8 per cent – a huge increase of 21.22 per cent year-on-year.
"The seller's market shows no sign of slowing down anytime soon so people thinking of coming to market still have time to take advantage of strong selling conditions," Meyer said.
