NZ construction demand strong but growth hampered by capacity, finance constraints, RLB says

NZ construction demand strong but growth hampered by capacity, finance constraints, RLB says
Tina Morrison
By Tina Morrison July 27 (BusinessDesk) - New Zealand's construction sector is in a period of strong demand, underpinned by an expanding population and tourism activity, but growth is hampered by capacity and financing constraints, according to a report on industry trends. "Underlying construction demand remains strong, but growth in construction is hampered by continued capacity and financing constraints in the construction sector," according to global property firm Rider Levett Bucknall's latest report on New Zealand trends in property...