Long, Auckland-driven construction boom ahead: BRANZ report

Tue, 26 Jul 2016

By Paul McBeth July 26 (BusinessDesk) - The pipeline of new Auckland housing will underpin a longer construction boom for the country, making up for an overestimation in the amount of commercial work in the pipeline, says the 2016 National Construction Pipeline Report. Prepared by the Building Research Association of New Zealand and Pacifecon, a construction industry consultancy, the report shows building work is now expected to peak in 2017 at $37 billion, a year later than previously thought. That's because Auckland's need for new re...

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