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Housing report: Concrete sales moribund despite recovery talk

November 12th, 2009

Watch You Tube video here.

Bernard Hickey delivers another housing report, including a look at why readymix concrete sales have yet to rebound much after a big fall over the last 18 months. Here is an interactive chart on readymix concrete sales.

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4 Responses to “Housing report: Concrete sales moribund despite recovery talk”

  1. Sorer-loser... Says:

    When the concrete and clay beneath my feet begins to crumble…in the SHAKY ISLES.

  2. The Bank Manager Says:

    It’s not just concrete – the carpet sales are hit hard too!

    The recession hit the residential carpet market quickly and severely and sales are expected to remain flat, Cavalier Carpets said today

    http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10608844

  3. Chris_J Says:

    Agreed BH. The recovery remains fragile, expect RBNZ to keep interest rates low much longer than anyone (especially the wholesale market) expects.

  4. Bathroom furniture Says:

    Loved the review you have written here. Is there anything else to say on this subject?

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