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Construction cost stories

Ōpōtiki waterfront jetty takes shape but faces $100,000 cost blowout
Department of Internal Affairs

Ōpōtiki waterfront jetty takes shape but faces $100,000 cost blowout

Extra rock removal is likely to push Ōpōtiki's new jetty extension over budget by about NZD $100,000 before decking starts.

By Local Democracy Reporter • 2 min read • Last month
Michigan apartment project cuts framing time by 30%
Risk & Compliance

Michigan apartment project cuts framing time by 30%

Rising insurance costs and labour shortages are pushing builders towards offsite steel framing, after a Michigan multifamily project sped up by 30%.

By Mark Tarre • 4 min read • Last month
Train and retain the catch cry to beat skilled labour shortage
Data centers

Train and retain the catch cry to beat skilled labour shortage

Australia and New Zealand are facing tighter construction labour supplies as data centre, defence and Olympic projects drive demand and cost pressure.

By Staff Writer • 5 min read • Thu, 9th Jul 2026
Construction costs edge up despite fuel pressure relief
Construction

Construction costs edge up despite fuel pressure relief

Fuel savings have eased some site costs, but rising timber, cladding and pipework prices kept construction inflation in positive territory.

By Staff Writer • 2 min read • Sun, 14th Jun 2026
Construction costs rise double inflation rate
Supply Chain

Construction costs rise double inflation rate

New Zealand builders have faced sharply higher input prices for a decade, with the cost of a standard home up 61 percent since 2015.

By Staff Writer • 3 min read • Wed, 12th Nov 2025
A better year ahead for housing construction
GFC

A better year ahead for housing construction

Slower construction inflation should ease pressure on would-be buyers, with CoreLogic saying house-building costs rose just 1.1% over the past year.

By Michael Curreen • 3 min read • Tue, 14th Jan 2025
Home building costs rising but at slower rate
Supply Chain

Home building costs rising but at slower rate

New Zealand home-build prices are still climbing, but only 0.3% this quarter as supply-chain pressures ease and labour shortages moderate.

By Michael Curreen • 3 min read • Wed, 28th Feb 2024
Residential construction costs levelling out
Supply Chain

Residential construction costs levelling out

Pressures on supply chains and builder capacity are easing, with annual residential construction cost growth falling to a seven-year low.

By Michael Curreen • 3 min read • Thu, 25th Jan 2024
Is National flogging a dead horse?
New Zealand Labour Party

Is National flogging a dead horse?

Transport critics say National's road-heavy plan revives costly schemes, with old estimates leaving a multibillion-pound funding gap.

By Staff Writer • 9 min read • Mon, 21st Aug 2023
Less dwelling consents easing construction costs
Supply Chain

Less dwelling consents easing construction costs

Slowing demand is easing pressure on New Zealand builders, with construction cost growth now running well below the 2022 peak.

By Michael Curreen • 3 min read • Tue, 11th Jul 2023
Data crucial during skyrocketing construction prices
Disaster Recovery

Data crucial during skyrocketing construction prices

Homeowners may be underinsured as rebuilding costs in New Zealand hit record highs, with some code changes adding 5-20% to bills.

By Michael Curreen • 3 min read • Mon, 3rd Apr 2023
Third of homeowners not confident they are adequately insured
Risk & Compliance

Third of homeowners not confident they are adequately insured

Rising rebuild costs are leaving many Kiwi homeowners exposed, with 30% unsure their cover would fully replace a total-loss house.

By Michael Curreen • 6 min read • Fri, 28th Oct 2022
New housing costs rising at fastest pace on record
Supply Chain

New housing costs rising at fastest pace on record

Materials shortages and labour pressures have pushed CoreLogic’s residential construction index to its steepest annual rise since late 2012.

By Michael Curreen • 4 min read • Wed, 27th Jul 2022
Soaring inflation to stunt housing construction
Supply Chain

Soaring inflation to stunt housing construction

Higher building costs and rates rises are set to force developers to shelve projects, threatening new home supply and affordability.

By Staff Writer • 2 min read • Tue, 12th Apr 2022
Construction as we know it is changing
Digital Transformation

Construction as we know it is changing

Rising material costs and supply chain disruption are forcing builders to rethink budgeting, with digital tools increasingly filling the gap.

By Staff Writer • 5 min read • Wed, 9th Mar 2022
Construction costs see biggest jump since GFC
Supply Chain

Construction costs see biggest jump since GFC

Labour shortages and supply bottlenecks are pushing New Zealand construction inflation to one of the OECD’s highest levels.

By Staff Writer • 2 min read • Fri, 4th Feb 2022
Home construction costs surge by 2.2%
Supply Chain

Home construction costs surge by 2.2%

Homeowners face higher rebuild insurance bills as labour and materials shortages pushed residential construction costs up 2.2% in June.

By Michael Curreen • 3 min read • Fri, 17th Sep 2021