Increased supply pressures reported for home building projects in Auckland ? Stats NZ media and information release: Value of building work put in place: December 2020 quarter

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Source: MIL-OSI Submissions

Increased supply pressures reported for
home building projects in Auckland – Media release

5 March 2021

Respondents were asked about their perceptions
of COVID-19’s impact on building projects in the December 2020 quarter,
Stats NZ said today.

About 6 out of 10 respondents from home building
projects in Auckland reported an impact on the availability of materials
and/or equipment. This was the most common issue in the December 2020 quarter
for these projects and was a slight increase on the September 2020 quarter.
An impact in at least one of the five categories available (cashflow, cost,
availability of labour, availability of materials and equipment, and on-site
productivity) was reported by around 7 out of 10 respondents of home building
projects in Auckland.

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