Currently, multi-unit construction accounts for almost 7 out of 10 new residential dwellings consented in the Christchurch.
I have been saying for the past 12 months that the market is oversupplied and that developers and investors should be cautious.
I have just finished my latest detailed report analysing this market and here is my Executive Summary.
The full report is close to 200 pages long and has taken me more than 250 hours to compile.
The Christchurch City Council will soon reconsider PC14 and MDRS with respect to residential intensification across the city.
If you are working in, or building in, or investing in, or supplying to this market should read this report