Blog
-
How far will building consent numbers fall?
With just 329 new residential dwellings consented this month, this is the lowest level of new building consent activity since July 2020, where there were only 317 new dwellings consented across all three Councils. This trend is mirrored across the whole of New Zealand, and I expect numbers to continue to decline for some time … Continued
-
Multi-Unit Market to fall by 30%
Currently, multi-unit construction accounts for almost 7 out of 10 new residential dwellings consented in the Christchurch. I have been saying for the past 12 months that the market is oversupplied and that developers and investors should be cautious. I have just finished my latest detailed report analysing this market and here is my Executive … Continued
-
Canterbury Construction Report (Residential) August 2022
Why are building consent numbers continuing to increase? This month there were 727 new residential dwellings consented (across all three Councils). So far this year, there has been three months with more than 700 dwellings consented…this is greater than the previous highest number of consents issued (626), which was the absolute peak of the earthquake … Continued
-
Residential Construction, a market stretched to breaking point?
I have been saying for several months now that I believe that we are at the peak of our ability to build more houses. Currently, both here in Canterbury and right across New Zealand, the number of residential building consents are coming through at record levels. Year on year, the three Councils in the greater … Continued
-
Canterbury construction falling behind
In a week where residential construction numbers across the country hit a 45 year high, the numbers in Canterbury aren’t showing the same level of growth. Although the Governments KiwiBuild programme has crashed and burned, the construction sector seems to be picking up the slack, building more houses than we have seen in … Continued
-
Is a labour shortage the real reason we cant build more houses?
In May we saw the highest number of new residential dwellings consented in 45 years. The industry is literally maxed out with regard to the number of people available to build. Take a quick listen to Andrew Kelleher (from JMI Wealth) talk about some of the challenges facing the Construction sector at the moment. … Continued
-
2018 New Residential Construction in Christchurch (Summary)
A comprehensive and detailed analysis of Residential Constriction in Christchurch based on Building Consent reports provided by the Christchurch City Council
-
Why do Building Companies go Bust?
Almost weekly another building company goes into liquidation and hits the news. And these are only the larger companies, generally owing millions to creditors and sub-contractors. What about all the smaller builders and various trades business we don’t hear about? So why do builders go bust? Unfortunately, there isn’t one particular reason … Continued
-
Earthquake rebuilds coming to an end
Council has declined dramatically, according to an 18-month review of figures. Just 28 consents issued in July 2016 were recorded as earthquake recovery, down from a high of 117 in both March and June 2015. Similarly, consents issued as “Business as Usual” are also showing a decline. April 2015 saw an unusually low number of … Continued
-
Understanding and developing your Marketing Mix
Many people think that Marketing, Promotion and Advertising are the same thing. In actual fact they all quite different. Developing and understanding a precise Marketing Mix, one that matches the needs and desires of your target market is essential to the long term growth and sustainability of your business. You may have heard of the … Continued
Recent Comments