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8 Jul 2025 21:12
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  •   Home > News > Business

    Warnings from industry leaders that the housing crisis could deepen and property prices could spiral again if new builds stall

    Warnings from industry leaders that the housing crisis could deepen and property prices could spiral again if new builds stall


    The Master Builders Association says supply chain issues and rising material costs are behind a drop in sales and inquiries for new housing builds, as lending becomes tougher and banks want fixed-price contracts.

    Vice-President Johnny Calley says it's the hardest it's ever been to build housing.

    He says with pressures coming from all directions... difficulties are unable to avoid.

    © 2025 Newstalk ZB, NZCity

     Other Business News
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     07 Jul: The hard questions NZ must ask about the claimed economic benefits of fast-track mining projects
     07 Jul: Tweaks to the Family Boost scheme from this month - aiming to help combat high living costs, and cover people missing out
     07 Jul: The Government's expanding the its FamilyBoost scheme, with changes taking effect retrospectively from the start of this month
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