'Unprecedented' building activity seen off the back of Auckland pent-up housing demand

Wed, 29 Jul 2015

By Paul McBeth July 29 (BusinessDesk) - An "unprecedented" level of building work is predicted over the coming six years, due largely to Auckland's housing boom, a new reports says. Building and Housing Minister Nick Smith heralded the latest National Construction Pipeline Report as confirming the nation is "building more than we have ever before" with $209.4 billion of work projected over the next six years, peaking in 2016 at $36.5 billion of work. The Ministry of Business, Innovation and Employment-commissioned report showed Aucklan...

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