Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


New Zealand Housing and Construction Quarterly released

Media release

07 March 2014

New Zealand Housing and Construction Quarterly released

The Ministry of Business, Innovation and Employment today released the second edition of the New Zealand Housing and Construction Quarterly. The report analyses key housing market, construction and social housing data.

“This quarter’s report looks at the impact of the recent loan-to-value ratio restrictions on the housing market,“ says Bryan Field, MBIE’s Manager of Modelling and Sector Trends.

The report also discusses the pressure on the Christchurch construction industry from strong growth in building consents and increasing construction costs.

“The cost of building a standard house in Christchurch grew by 11 per cent per square metre in 2013.

“Auckland's housing boom also continued with changes to the value of houses and increased rent,” Mr Field says.

At the end of December 2013 house values in Auckland were the highest in more than 10 years and at unprecedented levels relative to rents.

The New Zealand Housing and Construction Quarterly publication can be downloaded from MBIE’s Building and Housing information website at http://www.dbh.govt.nz/sector-information

Accompanying the release of the New Zealand Housing and Construction Quarterly are a new set of online rental data tables. These can be downloaded at http://dbh.govt.nz/nz-housing-and-construction-quarterly-open-data.

Future editions of the New Zealand Housing and Construction Quarterly will be released in May, August and November this year.

[ends]

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Gongs Got: Canon Media Awards & NZ Radio Awards Happen

Radio NZ: RNZ website The Wireless, which is co-funded by NZ On Air, was named best website, while Toby Manhire and Toby Morris won the best opinion general writing section for their weekly column on rnz.co.nz and Tess McClure won the best junior feature writer section. More>>

ALSO:

Pre-Budget: Debt Focus Risks Losing Opportunity To Stoke Economy

The Treasury is likely to upgrade its forecasts for economic growth in Budget 2016 next week but Finance Minister Bill English has already signalled that more of his focus is on debt repayment than on fiscal stimulus or tax cuts... More>>

ALSO:

Fulton Hogan's Heroes: Managing Director Nick Miller Resigns

Fulton Hogan managing director Nick Miller will leave the privately owned construction company after seven years in charge. The Dunedin-based company has kicked off a search for a replacement, and Miller will stay on at the helm until March next year, or until a successor has been appointed and a transition period completed. More>>

ALSO:

Gordon Campbell: On Electricity, Executions, And Bob Dylan

The Electricity Authority has unveiled the final version of its pricing plan for electricity transmission. This will change the way transmission prices (which comprise about 10% of the average power bill) are computed, and will add hundreds of dollars a year to power bills for many ordinary consumers. More>>

ALSO:

Half Empty: Fonterra NZ, Australia Milk Collection Drops In Season

Fonterra Cooperative Group says milk collection is down in New Zealand and Australia, its two largest markets, in the first 11 months of the season during a period of weak dairy prices. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news