Canterbury inventory appears to have topped out, and appears to have returned to pre-earthquake numbers.

In direct contrast to other centres, there were too many properties in Christchurch for the last few years simply due to Government interference in the construction industry. The population has obviously scarpered and too many new houses were built. This now looks like it may have reached close to equilibrium. Its difficult to know where the long term average was prior to the earthquake, but I suspect it is around the level of 2010, i.e. right where we are now!

Jonette 2011