There is a shortage of rental accommodation & rents continue to increase.
An all time high of 79% net of respondents, expect that Christchurch house prices will continue to increase over the next 12 months [ASB Housing Confidence survey].
Low interest rates are expected for the foreseeable future.
In Canterbury an estimated extra $50 million of electronic transactions were processed for the period April 13 compared to April 12, shows an increase in confidence.
15,000 new jobs have been created in the region over the last year, and that’s before the rebuild is properly underway.
A low volume of property sales & reduced days to sell, confirm strong demand & upward pressure.
Unemployment is 4.9% in Canterbury, the national average being 6.9%
To discuss this further, please contact Janice Cowdy on 03 355 6686 or email [email protected]
Janice Cowdy is director of the Property Management Division of Cowdy.
Having worked in the role since 1989, with a reputation for offering an unrivalled property management service, she ensures landlords receive the best return for their investment.
A property investor herself, her philosophy is to treat every client’s property as they would. Always ensuring landlords receive a good return on investment, and enjoying open lines of communication.
She has extensive experience in all aspects of business, understanding relevant tenancy legislation, and is committed to providing the best property management service available.
A strategic thinker, she focuses on quality control, problem solving and forward planning.