44 Christchurch Market Activity Market demand has taken a big hit after the Easter and ANZAC holiday weekends. Like the rest of the country there was a surge in activity in late February and early March. This then dropped away in the weeks leading up to Easter and has still not recovered to that level. The last few weeks have been the lowest seen for 18 months, outside Christmas. If winter falls further as it usually does then that suggests very low sales activity for the next few months. Investor activity has picked up in the first month of Q2 after the previous two quarters had dropped from earlier in 2016. This lift in investor activity has come at the expense of movers while first home buyer activity has risen further. Market Activity Index - Christchurch Buyer Classification - Christchurch