Construction sector downturn has just about bottomed out, builders say

Construction sector downturn has just about bottomed out, builders say
More young tradies like Levin plumber Liam Dewar are needed to avoid a shortage, sector warns. (Image: Horowhenua Chronicle)
Maria Slade
The construction sector downturn may have just about hit its lowest ebb, the latest annual EBOSS survey of builders indicates.The poll of 431 New Zealand builders shows their average workload has fallen to 64% capacity, down from 67% in 2024.But the rate of decline in demand has slowed, with net sentiment of -33, an improvement on last year’s score of -55, EBOSS managing director Matthew Duder said.“While the current situation is challenging, builders do seem to be predicting improvements in the future. It may be that we are at, or...

More Property

Kiwi Property Drury development fast-tracked
Property

Kiwi Property Drury development fast-tracked

The 53-hectare project was submitted by Kiwi Property Holdings in April 2025.

BD AI 07 Nov 2025
BNZ looks to economic uptick supporting its full year 2026 outturn
Finance

BNZ looks to economic uptick supporting its full year 2026 outturn

BNZ is the latest bank to cautiously spruik GDP growth in 2026.

Andy Macdonald 07 Nov 2025
BNZ profit dips as economic return proves sluggish
Finance

BNZ profit dips as economic return proves sluggish

Net-interest margin tiptoes higher but total operating income slips. 

Andy Macdonald 06 Nov 2025
Fletcher’s home consenting has tanked: Macquarie
Property

Fletcher’s home consenting has tanked: Macquarie

Building giant’s land sell-off may deepen residential gloom, analysts say.