ASB Bank Ltd senior economist Mike Jones says in the bank’s bi-monthly housing wrap, out today, that the market’s spring lift appears to have arrived.Read more →
Fletcher Building Ltd held an official opening on Wednesday for its Clever Core prefabricated home factory in Wiri, which the company expects will reduce onsite build times from 22 weeks to about 6-10 weeks.Read more →
The Ministry of Business, Innovation & Employment (MBIE) has awarded a team of mechanical engineers at the Auckland University engineering faculty’s Acoustic Research Centre $991,000 to create a new kind of partition material. The aim is to reduce the capacity of a wall to vibrate in response to sound, thereby providing better sound insulation, but […]Read more →
Argosy Property Ltd opened its second issue of green bonds yesterday, again for up to $100 million.Read more →
Auckland Council began a trial of less roadway/more footpath along High St in the central city this week.Read more →
Planning commissioners have refused resource consent for a $200 million redevelopment on the Mission Bay waterfront that would have contained 7 building with heights ranging up to 28m.Read more →
The Upper North Island Supply Chain Strategy Working Group has recommended moving the Ports of Auckland’s freight business (but not the cruise trade) to Marsden Point.Read more →
Standalone housing slipped below 60% of new consents nationally in Statistics NZ’s latest monthly figures, out today.Read more →
The Government introduced new procurement rules for its major projects yesterday, moving from the “lowest price” approach to construction to the “broader outcome” model.Read more →
The Government has established the new Crown agency to transform housing & urban development throughout New Zealand after the Kainga Ora – Homes & Communities Bill passed its final reading in Parliament on Thursday.Read more →
What’s “affordable”? What’s “sustainable”?
The question on the first adjective is always open because it depends who you’re talking about. The second, it seems to me, needs to take climate into account and, for housing, the number & type of occupants.
The Green Building Council has awarded a 5 Green Star industrial built v3 rating to Argosy Property Ltd’s Mighty Ape warehouse in the Highgate Business Park, perched above State Highway 1 at Silverdale.Read more →
There are 2 facets to the Treasury briefing paper to incoming ministers on housing, delivered in July & released publicly on Friday:
• advocacy of a series of Government roles to unlock land, and
• total ignoring of the primary cause of house price escalation.
The Government Treasury sent incoming ministers in July a briefing paper which may have responded to the question, but went a long way wide of providing a useful answer.Read more →
Ideally, New Zealand wants builders to see a good return & a regular long-term workload so they’ll commit to housing development. That requires a stable economy, not a deliberately overheated one. They need assurance that infrastructure will be in place when they come to build. That requires changes to infrastructure funding, which may be on the way.Read more →
The construction sector continued the strong growth pattern of the previous 12 months in the June quarter, in both residential & non-residential work completed. Statistics NZ noted a comparative decline from the first quarter of 2019 to the second, in seasonally adjusted terms. In reality, the normal first-quarter dip didn’t happen this year in either […]Read more →
Auckland became a Vision Zero region today with the release of the new safety message: no deaths or serious injuries on our transport network by 2050.Read more →
Consents for new homes topped 35,000 in the year to July, the first time since December 1974.Read more →
The Whau local board is proposing approval on Wednesday for key components of the project vision for a town square fronting Great North Rd in Avondale, a new laneway & a new community facility.Read more →
The Maungakiekie-Tamaki Local Board will hold 2 meetings tomorrow because the agenda of the originally scheduled one is so long.Read more →