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Infometrics September newsletter
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September 2015
NEWSLETTER

There will be a few droopy heads at work over the coming weeks, as early starts watching Rugby World Cup matches take their toll. Although it was a bit of a shaky first effort for the men in black against Argentina on Monday morning, here’s hoping the boys learn from their mistakes and raise the bar as the tournament progresses.

This month’s newsletter takes a building theme, with Mieke Welvaert reviewing where we are building more densely and why. The upshot of the article is that housing densification is occurring in parts of Auckland and Christchurch you might not expect. We also take a sneak peek at our upcoming regional building forecasts, which will give detailed insights into the residential and non-residential property and construction outlook down to a territorial authority level.

Benje Patterson takes a look at regional growth hotspots, showing that key areas with reasons to be looking forward to the year ahead include: Queenstown, Nelson/Tasman/Marlborough, Napier/Hastings, Rotorua, Tauranga, and Thames-Coromandel. Finally, we analyse last week’s positive dairy auction result and discuss what is behind the sudden swing in dairy prices.

Densification of housing is not always occurring where you would expect
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Changes are occurring to where and what we are building. This article paints a picture of the changing composition of new dwelling consents in Canterbury and Auckland, and what it means for these cityscapes and building activity nationally.
New suite of construction products in the pipeline
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Infometrics’ construction forecasts have long been the first port of call for those with an interest in the outlook for construction. We have been working hard on making our insights more accessible and come to life, and with a richer array of regional data to boot
What have Russia and El Niño got in common?
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Dairy farmers let out a collective sigh of relief last week as dairy prices rose sharply at the GlobalDairyTrade (GDT) auction for the third consecutive time.  Prices at last week’s auction were up an average of 16%, with the all-important price of whole milk powder climbing an even more rapid 21%.  Dairy prices are now up an average of 48% from their early-August trough, with whole milk powder prices pushing up 61%.  Whole milk powder prices are now within 5.2% of their level a year ago.
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