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Building cost inflation drops to lowest level in more than four years

Multiple reasons, like lower material costs, fewer supply chain disruptions, and a slowing construction sector, are behind this.

Govt called to pass policy stopping development in high-hazard areas

Templeton Group | Scoop InfoPages

Templeton Group | Scoop InfoPages
scoop.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scoop.co.nz Daily Mail and Mail on Sunday newspapers.

Construction costs for new homes rise by record 9 6% over 12 months

The cost of building a new home is rising at its fastest rate on record but signs of relief are emerging on the distant horizon.

Big home development offers friends chance to share mortgage

Aucklanders buddying up with extended family or friends to buy a home are the focus of a new subdivision in the city's south-east. Houses with six to eight bedrooms, with split kitchens and living areas, are popping up in Flat Bush, designed to fit multiple groups or families under one roof. Katie Todd and camera operator Marika Khabazi took a tour.

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