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Builders struggle to source labour, secure supplies pushing up costs

Brent Melville
Thu, 09 Sep 2021

Builders struggle to source labour, secure supplies pushing up costs
Builders shouldn't get 'sucked into upfront pricing'. (Image: Supplied)
Brent Melville
Thu, 09 Sep 2021
Registered Master Builders chief executive David Kelly believes the building industry is now at a "multi-decade" peak on the back of record housing demand. That’s rewarded vertical building contractors and higher-end architectural building firms with bulging forward books and a pipeline of work that in some cases stretches out more than three years.This week Stats NZ reported a 59% annual spike in the value of residential building activity to $4.9 billion for the June quarter. The lion’s share, $2.8b, is in Auckland,...

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