•Regional economic confidence is the highest it has been in 2 years at a net 33% of Canterbury households.
•Transactions volumes were at record levels in the city, with an elevated level of office transactions over $5 million providing the largest contribution.
•Retail sales have seen a decline of 2.6% y-o-y in the December 2016 quarter. Retail sales struggled in 2016, believed to be as a result of waning rebuild stimulus.
•Industrial consents remain elevated; even as office consenting falls dramatically, showing underlying growth in the region.
•Industrial yields are at record low levels and provide the firmest yields for commercial property.