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12 Dec 2024 17:51
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  •   Home > News > Business

    QV figures show construction costs are increasing at the slowest pace in a decade -- and below the inflation rate

    QV figures show construction costs are increasing at the slowest pace in a decade -- and below the inflation rate


    The CostBuilder Index measures the cost of building a standard standalone home in Auckland, Hamilton, Palmerston North, Wellington, Christchurch or Dunedin - of one-or-two storeys, on about 150 square metres, .

    It's found the cost rose just 1.5 percent in the year to November.

    That's down from 5.6, 11.3 and 18.9-percent increases in the three preceding years.

    © 2024 Newstalk ZB, NZCity

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