Borrowers face tighter lending rules as the Reserve Bank moves to curb risky loans amid house values rising 1.8% in July.
The sector now employs nearly 200,000 people and accounts for 15% of New Zealand’s GDP, according to new industry analysis.
Judges praised the low-energy Jack’s Point build for self-sufficiency and craftsmanship, sending DCD through to November’s national awards.
Rising mortgage rates and tax changes are set to cool sales, but CoreLogic says a full property downturn still looks unlikely.
New records in prices and sales show demand is still outpacing supply, despite efforts to cool New Zealand's property market.
A modular block in Changsha was bolted together in 28 hours, which its maker says marks a world first for a 10-storey building.
Public scrutiny begins on a replacement regime for the RMA, with the first draft aiming to speed planning and ease housing constraints.
Stronger-than-expected demand is tightening yields and lifting values, with industrial and large-format retail assets in New Zealand most resilient.
Values are already falling in Gisborne, New Plymouth and Napier as nationwide house-price growth cools and rate rises loom.
Critics warn the draft overhaul could leave consenting slower and housebuilding harder, despite ministers promising a leaner planning regime.
Australia will need about 500,000sq m of extra industrial space a year as e-commerce pushes vacancy rates tighter and lifts rents.
The report urges ministers to curb speculation, strengthen tenant rights and expand social housing after finding the crisis breaches basic rights.
Developers in NSW face a new levy on land value uplift as the state seeks to fund infrastructure and future housing growth.
Labour and supply chain pressures could slow the sector’s rebound, despite forecast construction growth of 5.5% this year.
Cheaper provincial suburbs have driven New Zealand's property boom, with Manunui up 51.8% and Hargest selling in just six days.
Record-low inventory is pushing New Zealand house prices higher, leaving first-time buyers with fewer affordable options.
Rising online shopping is pushing developers to build destination precincts with stronger sustainability, social and financial returns.
Rising lending restrictions and tax changes are already cooling demand, though some agents say Treasury’s flatlining forecast may be too gloomy.
Residents will face a 13.5% rates rise as the council backs billions for water, housing, cycleways and library repairs over a decade.
Clients on major construction jobs will gain independent contract oversight as The Building Intelligence Group appoints Charles Brown in Auckland.
