Infometrics
Infometrics
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Construction Announcements (41)Building Forecasts (1)Chart of the month (28)Client testimonials (8)COVID-19 (102)Demographics (32)
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Construction

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Recent news that Armstrong Downes Commercial had gone into liquidation is, unfortunately, likely to be only a harbinger of further business failures in the construction industry over the next couple of years. Armstrong Downes’ collapse follows the liquidation of a smaller firm building townhouses in Auckland, OD 2019, which blamed project delays, COVID-19, and increased costs for its insolvency. Read


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New dwelling consent numbers are on the verge of topping 50,000pa for the first time on record, with the annual total just 1,101 consents shy of this milestone in December. The 24%pa growth during 2021 is phenomenal when one considers that consent numbers were already at a 46-year high of over 39,000pa heading into the year. As conditions start to become less favourable for residential construction, is this pipeline of work all its cracked up to be? Read


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New Zealand’s housing crisis continues to hinder efforts of young New Zealanders to get into a house. Affordability remains a key challenge for many areas, with house price growth far outstripping income growth over the past decade. There are some supports provided to enable young Kiwis into home ownership, such as the First Home Grant, but where gets the most support? As our analysis shows, Canterbury is the centre of New Zealand’s first home buyer support efforts, with a considerable level of First Home Grants going to purchases in the region. Read


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Drawing inspiration from Emma Vitz’s maps showing how much income is needed for housing costs around New Zealand’s regions, we thought we’d compare costs with household incomes across cities and districts. Read


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The Block NZ is back, and there couldn’t be a better time for people to give up three months of their lives in the hope of making some money. Our Chart of the Month shows there is a strong correlation between house price growth in Auckland and the average profits made on the show. Read


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Recent concerns around the cost of housing have shone a spotlight on residential rents, with the previously unremarkable indicator now closely watched. But substantial changes to how rental data is now collated means that extreme caution should be used to evaluate recent rental trends. Read


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The recent government’s announcement on housing has introduced substantial changes into an area of the economy where issues are readily identified, but solutions are less obvious, and notoriously hard to implement. With both supply and demand-side changes now underway, concerns have emerged over just what impact the policies together will have, and if they will fix the housing market. Read


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Gareth Kiernan starts the year by looking at what we can expect of the New Zealand economy, and life in general, in 2021. Read


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Residential construction activity has held up much better than expected since the economy went into lockdown in late March. Some areas have seen a strong burst of activity, but others have seen a softening in anticipated building levels. This article explores some of the emerging regional trends in consent numbers, with detailed regional forecasts of activity available as part of our Regional Construction Outlook. Read


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Housing remains a hot issue across New Zealand. But there’s not as much focus on the quality of the housing we endlessly debate. In part, this lack of focus is because we haven’t had great insights to work with – and what gets measured gets managed. But Infometrics analysis of Census 2018 data shows some disturbing results, with a concerning number of mouldy, damp or cold houses. Read