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Changing Trends Influencing Award-winning Retail Projects

As online shopping increases there is a push to create destination stores while harnessing the internet to drive visitation. Design, construction, market acceptance, financial performance, sustainability, collaboration and social outcomes are also . ....

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Flatlining House Prices – Are The Forecasts Right?

According to the CoreLogic House Price Index (HPI), nationwide values increased by 2.2% over May. This is a slight reduction on the 3.1% growth rate witnessed over April. CoreLogic head of research, Nick Goodall says this provides some evidence . ....

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Are Government Measures To Cool Housing Working?

Policies announced by the Government to control the housing crisis have started showing results, but Kalkine Chief Executive Kunal Sawhney says more needs to be done. Real Estate Institute of New Zealand (REINZ) data saw house sales in April . ....

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Development Of $305m Tower Restarts With New Design

The NZX-listed company is one of the biggest owner-developers of premium city centre real estate in the country, and will redevelop the premium site on the waterfront in the heart of Auckland at a cost of $305 million. The second stage is aimed to . ....

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What Is Pushing Up House Construction Costs?

Friday, 21 May 2021, 3:45 pm
The
March quarterly growth is the highest rate of construction
cost inflation since Q1 2019, and far above the 0.6% and
0.4% increases throughout Q3 and Q4 2020 respectively,
according to CoreLogic’s Cordell Housing Index
Price.
The Arcadis 2021 International Construction
Costs report also found Auckland and Christchurch to be in
the top 20 most expensive cities to build.
We may now
be seeing the clear impact of a busy construction sector
flowing through to faster cost rises.
Q1 bounced up to
1.3% growth and early indicators are that we will see a
continuation of this growth in our Q2 report.
Annual
residential construction cost inflation is also back on the ....

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