Building and Construction

Constructive solutions to escaping recession

16 Jul 2009

One smart way that we can make the best of a recession is to put in place infrastructure that will help us fare better in the next one. Non-residential work put in place, and consents issued, suggest that this is occurring at least to some degree. There are other worrying comments coming from the Reserve Bank, however. With the CPI at its lowest point in five years, the RB is already talking up »»

Non-residential construction is still holding up

19 Feb 2008

Latest building consent numbers further confirm the cooling of the housing market, with an easing in the number of non-apartment dwelling consents. The December 2007 month saw a 13.9% fall in the number of non-apartment dwelling consents compared to December 2006. Overall, the total number of dwelling consents issued in 2007 dropped to around 25,500, being 7.7% down on the previous year. This year’s total comprised 23,000 non-apartment »»

Non-apartments, shops and offices underpin building activity

30 Nov 2007

The apartment market continues to be the source of bad news. The year to August 2007 saw only 3,109 consents being issued, down 0.9 percent from the previous August year. August 2007 recorded 253 new apartment consents, compared to 266 in August 2006 and 275 in August 2005. On the positive side, there was good news in the non-apartment dwelling market. An increase of 4.7 percent brought the total number of non-apartment consents »»

New appartment consent numbers continued to decline
Office buildings - the driving force of non-residential building industry
Continuing growth expected in the building and construction industry
Residential housing market still growing

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