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Increased Supply Pressures Reported For Home Building Projects In Auckland
Respondents were asked about their perceptions of COVID-19’s impact on building projects in the December 2020 quarter, Stats NZ said today.
About 6 out of 10 respondents from home building projects in Auckland reported an impact on the availability of materials and/or equipment. This was the most common issue in the December 2020 quarter for these projects and was a slight increase on the September 2020 quarter. An impact in at least one of the five categories available (cashflow, cost, availability of labour, availability of materials and equipment, and on-site productivity) was reported by around 7 out of 10 respondents of home building projects in Auckland.
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- Increased supply pressures reported for home building projects in Auckland
- Commercial construction slows, residential holds up
- Value of building work put in place: December 2020 quarter
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