Articles
A new report from leading economics consultancy Infometrics shows building better homes could save New Zealanders tens of thousands in energy bills and mortgage costs. The report, commissioned by the New Zealand Green Building Council (NZGBC) and released today (Wednesday 7 May) at their annual Housing Summit, reveals homes built to a 6 Homestar standard can save New Zealand homeowners over $62,000 in electricity and mortgage interest over 30 years Read
Aggregates are important. But how important is clouded by a lack of quality data being collected. Based on current production figures and survey response rates, the actual amount of aggregates produced over the last 12 years might be 49% higher than reported. Read
Concrete roads are well suited for high intensity traffic and are more cost effective in the long run according to a new economic report. Read
Building costs, like prices across most of the economy, surged higher between 2021 and 2023, as a result of supply chain disruptions, capacity constraints, labour shortages, and strong demand conditions. However, with house prices falling sharply during 2022 and into 2023, as well as more recent fal... Read
To say that 2024 has been tough on both construction workers and employers is putting it mildly. In this article we use Stats NZ’s employment stocks and flows series to understand where construction workers typically come from, and where they head after construction. Read
We are introducing a new indicator for first home buyer activity – First Home Loans. This article explores first home buyer activity in the housing market from a few different angles and introduces our new measure. Read
Two surveys over the last week have shown rebounding business confidence, despite there being little evidence of an economic recovery any time soon, apart from the start of the easing cycle in interest rates. Along with the improvement in overall confidence, we delve into the figures for the buildin... Read
Housing affordability is an important issue affecting the wellbeing of households. Recently, we dove deeper on housing affordability for two Waikato Region clients. This article explores several new ways of exploring local housing affordability to inform decision making. Read
Infrastructure investment remains a hot topic across the country, with increasing demands for investment, but more limited amounts of funding available. High cost escalation for network infrastructure in recent years have contributed to a need to spend more than anticipated to get less than anticipated. Read
The commercial property market has always been more difficult to track and analyse than the housing market. Whereas the latter has a wealth of data available from REINZ, CoreLogic, and other sources, much of our non-residential work relies on collecting piecemeal data from several different commerci... Read