residential construction
Residential construction cost inflation back to near zero after several years of high cost growth
9th Apr 25, 12:01am
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Residential construction cost inflation back to near zero after several years of high cost growth
Number of new homes completed in Auckland set a new record for the month of January
4th Apr 25, 9:46am
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Number of new homes completed in Auckland set a new record for the month of January
The average construction cost of new homes is now just under $450,000 - excluding land
26th Feb 25, 10:52am
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The average construction cost of new homes is now just under $450,000 - excluding land
Fewer new homes being built in Auckland but they are nowhere near the bottom yet
5th Feb 25, 2:52pm
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Fewer new homes being built in Auckland but they are nowhere near the bottom yet
Value of building work for new housing dropped almost $5 billion last year versus 2022 peak
4th Feb 25, 2:03pm
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Value of building work for new housing dropped almost $5 billion last year versus 2022 peak
Fewer homes are being built and they are taking longer on average to be completed
14th Jan 25, 11:37am
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Fewer homes are being built and they are taking longer on average to be completed
The number of new homes being consented has declined by a third over the last two years
13th Jan 25, 1:44pm
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The number of new homes being consented has declined by a third over the last two years
The cost of building a standard three bedroom house rose just +1.1% in the 2024 year, down from 2023’s rise of +2.4% and well below the spike of +10.4% in 2022
10th Jan 25, 12:01am
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The cost of building a standard three bedroom house rose just +1.1% in the 2024 year, down from 2023’s rise of +2.4% and well below the spike of +10.4% in 2022
Annual value of new residential construction being consented down $5b over the last two years
2nd Dec 24, 11:41am
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Annual value of new residential construction being consented down $5b over the last two years
Residential construction in Auckland facing a steady decline rather than a sudden crash - so far
25th Nov 24, 11:47am
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Residential construction in Auckland facing a steady decline rather than a sudden crash - so far
More houses and retirement units being consented but fewer apartments and townhouses
8th Nov 24, 11:33am
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More houses and retirement units being consented but fewer apartments and townhouses
New homes being consented down 17,000 a year compared to two years ago
Auckland's residential building downturn is likely to get a lot worse
Tough times are getting tougher for the building industry as fewer and fewer new homes are being consented
1st Oct 24, 12:00pm
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Tough times are getting tougher for the building industry as fewer and fewer new homes are being consented
Building consent numbers jumped in July but the long term trend is still declining
30th Aug 24, 12:13pm
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Building consent numbers jumped in July but the long term trend is still declining
Residential construction taking a big hit in Auckland
Building work slowing to a trickle as more projects cancelled or put on hold
12th Aug 24, 11:09am
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Building work slowing to a trickle as more projects cancelled or put on hold
Building costs stabilising except for retirement units, the average size of stand alone houses is shrinking
9th Aug 24, 10:24am
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Building costs stabilising except for retirement units, the average size of stand alone houses is shrinking
Total annual value of building work on new homes down nearly $5 billion over the last two years
31st Jul 24, 12:00pm
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Total annual value of building work on new homes down nearly $5 billion over the last two years
The number of new homes being built in Auckland is slowly declining from last year's peak
22nd Jul 24, 12:09pm
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The number of new homes being built in Auckland is slowly declining from last year's peak
The cost of building a standard three bedroom house declined by 1.1% in the June quarter
11th Jul 24, 1:00am
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The cost of building a standard three bedroom house declined by 1.1% in the June quarter
Value of new residential construction work consented down by $3.3 billion in year to May
2nd Jul 24, 1:21pm
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Value of new residential construction work consented down by $3.3 billion in year to May
About 1700 new dwellings a month are currently being completed in Auckland but that could start to decline considerably later in the year
20th Jun 24, 9:47am
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About 1700 new dwellings a month are currently being completed in Auckland but that could start to decline considerably later in the year
The number of new homes being consented continues on a downward spiral, Statistics NZ figures show
31st May 24, 10:44am
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The number of new homes being consented continues on a downward spiral, Statistics NZ figures show
The number of new homes being built in Auckland is likely to decline by more than 25% over the next two years
21st May 24, 12:07pm
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The number of new homes being built in Auckland is likely to decline by more than 25% over the next two years