New home construction on a slower but longer growth path, new govt report predicts

Mon, 30 Jul 2018

By Pattrick Smellie July 30 (BusinessDesk) - The rate of new home construction is forecast to rise more slowly between now and 2020 than was expected a year ago, although the 2018 National Construction Pipeline Report expects new building consents to break the record set in 2004 this year and keep rising through to 2023. Published by the Ministry of Business, Innovation and Employment, using data and research from building research agency BRANZ and private sector building sector intelligence firm Pacificecon, the latest pipeline report lo...

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