A surge in townhouse developments in Christchurch and Auckland has led to a significant number of half-finished builds, with many units unsold and property values declining due to market oversupply and a shift in buyer preference toward larger, more traditional homes.
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surplus of units without garages
Townhouse boom leaving half-finished builds across Christchurchmarket saturation due to overbuilding
Christchurch townhouse boom seeing half-finished developments across citySpotted something wrong on this page? Report a correction.
