Building Industry
New homes being consented down 17,000 a year compared to two years ago
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 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
Residential building cost inflation dropped to 1.8% in 12 months to May this year from 4.9% in the 12 months to December 2023
10th Jun 24, 12:01pm
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Residential building cost inflation dropped to 1.8% in 12 months to May this year from 4.9% in the 12 months to December 2023
The much anticipated building industry slowdown has arrived with residential and non-residential construction work both down
7th Jun 24, 9:53am
33
The much anticipated building industry slowdown has arrived with residential and non-residential construction work both down
The number of new homes being consented continues on a downward spiral, Statistics NZ figures show
31st May 24, 10:44am
20
The number of new homes being consented continues on a downward spiral, Statistics NZ figures show
Residential building industry crunch looming as building consent numbers plummet
3rd May 24, 11:36am
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Residential building industry crunch looming as building consent numbers plummet
Stats NZ says the volume of residential building work dropped 2.4% on a seasonally adjusted basis in the December quarter - but non-residential construction rose 4.6%
6th Mar 24, 11:19am
15
Stats NZ says the volume of residential building work dropped 2.4% on a seasonally adjusted basis in the December quarter - but non-residential construction rose 4.6%
There's a looming crunch coming for the residential construction industry as new dwelling consents continue to tumble
2nd Feb 24, 11:52am
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There's a looming crunch coming for the residential construction industry as new dwelling consents continue to tumble
Stats NZ says the volume of residential building work dropped 2% on a seasonally adjusted basis in the June quarter - but non-residential construction rose
6th Sep 23, 11:18am
16
Stats NZ says the volume of residential building work dropped 2% on a seasonally adjusted basis in the June quarter - but non-residential construction rose
Statistics NZ says there were 5856 fewer new homes consented in the May year versus the previous 12 months
3rd Jul 23, 11:55am
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Statistics NZ says there were 5856 fewer new homes consented in the May year versus the previous 12 months
A substantial rise in the number of consented Auckland building projects not proceeding is likely
9th Jun 23, 8:45am
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A substantial rise in the number of consented Auckland building projects not proceeding is likely
The value of building work being undertaken dropped by $459 million in the first quarter of 2023
6th Jun 23, 11:35am
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The value of building work being undertaken dropped by $459 million in the first quarter of 2023
There's a gathering storm in the residential construction industry
Big drop in building consent numbers suggests the construction industry is headed for a sharp downturn
4th May 23, 12:01pm
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Big drop in building consent numbers suggests the construction industry is headed for a sharp downturn
Latest Statistics NZ figures suggest building activity peaked in Q3 2022 and started to decline in Q4
6th Mar 23, 12:02pm
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Latest Statistics NZ figures suggest building activity peaked in Q3 2022 and started to decline in Q4
A total of $33 billion worth of building work consented in September year including 50,700 new dwellings
1st Nov 22, 12:05pm
17
A total of $33 billion worth of building work consented in September year including 50,700 new dwellings
New housing boom continues with nearly 49,000 new homes consented in 2021
Residential construction is going gangbusters but non-residential building work is patchy
6th Sep 21, 12:17pm
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Residential construction is going gangbusters but non-residential building work is patchy
Residential construction continues to rocket ahead but non-residential construction is still a bit slow
4th Feb 21, 11:55am
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Residential construction continues to rocket ahead but non-residential construction is still a bit slow
It's too early to say if the drop in the number of new homes completed in Auckland in July was the start of a trend or a normal monthly variation
16th Sep 20, 9:38am
12
It's too early to say if the drop in the number of new homes completed in Auckland in July was the start of a trend or a normal monthly variation
Number of new homes completed in Auckland in May down 44% compared to May last year
25th Jul 20, 6:14am
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Number of new homes completed in Auckland in May down 44% compared to May last year
The latest National Construction Pipeline Report says the industry will need to invest more to take advantage of steady growth, instead of relying on quick fixes like importing workers
30th Jul 18, 11:29am
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The latest National Construction Pipeline Report says the industry will need to invest more to take advantage of steady growth, instead of relying on quick fixes like importing workers
KiwiBuild could provide a launch pad for some major new competitors in the building industry and that could force costs down
27th Jun 18, 9:35am
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KiwiBuild could provide a launch pad for some major new competitors in the building industry and that could force costs down
Greg Ninness says KiwiBuild is not just about building more homes - it could be transformational for the construction sector and bring major changes for banks as well
24th Mar 18, 6:28am
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Greg Ninness says KiwiBuild is not just about building more homes - it could be transformational for the construction sector and bring major changes for banks as well