How the numbers stack
A close look at a recent report shows just how much demand is growing in Auckland and Christchurch. Auckland, in particular, faces a challenge in bringing sufficient homes to the market.
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A close look at a recent report shows just how much demand is growing in Auckland and Christchurch. Auckland, in particular, faces a challenge in bringing sufficient homes to the market.
Dr Oliver Hartwich from The New Zealand Initiative explains that, while they might make homeowners feel richer, high home prices are not a cause for celebration. It’s time to remember what a home’s true function is and why unaffordability is problematic.
Housing demand in our biggest city will keep builders busy for years to come. Land is being made available and the housing mix is changing, clearing the way for growth.
Providers of affordable rental housing can’t fulfil the demand for their services. They’re calling for a consistent government policy and longer-term funding.
There’s more to selecting a wall or roof cladding than just the initial cost. BRANZ has been examining lifetime costs of claddings so designers can makes more informed choices.
Employment levels in the building industry are at an all-time high, and with more work set to come on stream, they are predicted to rise further. The problem is, these people may be hard to find.
A house affordability index clearly shows affordability is declining, particularly in Auckland. One result nationally has been the shift to multi-residential housing.
Housing demand in Auckland is pushing the value of building and construction towards an all-time high next year.
Experience elsewhere shows increasing housing supply isn’t necessarily the panacea to the housing affordability problem.
Economic modelling shows that a quieter home is a more attractive home, not only for inhabitants but potential buyers. It’s a benefit that reflects in the property’s value. How did BRANZ prove this?