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12 Dec 2024 16:27
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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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     Today's News

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    Law and Order:
    Police want to hear from people who may have witnessed concerning behaviour before a Hutt Valley homicide 16:17

    Entertainment:
    Prince William spread some festive cheer by serving Christmas lunch at a homeless shelter in London 15:54

    Christchurch:
    Canterbury fire crews have been called to a grass fire in Burnham, south of Christchurch 15:27

    Entertainment:
    Jay-Z has been accused of raping a 13-year-old girl with Sean 'Diddy' Combs in 2000 15:24

    Christchurch:
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    Entertainment:
    Kate Cassidy has shared some home video footage of herself and Liam Payne 14:54

    Rugby League:
    Kiwis hooker Brandon Smith is adamant he'll put in his best for the Sydney Roosters in the NRL next year, despite them seemingly pushing him out the door 14:37

    Entertainment:
    Zachary Levi has insisted his support for Donald Trump hasn't "compromised" his career 14:24

    National:
    Deliberate disinformation campaigns are a public health risk – but NZ has no effective strategy to deal with it 14:07


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