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The increase in Waimakariri's housing market turnover, house prices and residential building consents were the shining stars in the region’s economy last quarter, according to the latest Economic Monitor from Infometrics.
The report, to March 2017, also cited an increase in retail trade, traffic flow and car registrations over the past year. However, combined with a drop in employment rates, commercial vehicle registrations and guest nights, the report summarised that ‘Waimakariri’s economy is…nothing to be too exuberant about’ at present.