Building activity rises in June – Media release
5 September 2022
The volume of building activity in New Zealand rose 2.6 percent in the June 2022 quarter, compared with the March 2022 quarter, Stats NZ said today.
Residential activity rose 3.2 percent in the June 2022 quarter, while non-residential activity rose 1.6 percent.
These volume estimates remove the effects of price changes and typical seasonal patterns. Between the March 2022 and June 2022 quarters, residential building costs rose by 4.2 percent, and non-residential building costs by 3.6 percent (see Business price indexes: June 2022 quarter).
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