Property Market – NZ residential construction costs edge higher, but pressures remain contained – Cotality
Source: Cotality New Zealand’s residential construction costs rose 0.6% in the June 2025 quarter, according to Cotality’s latest Cordell Construction Cost Index (CCCI) – up from a 0.3% increase in Q1. Despite this uptick, cost growth remains below the long-term average of 1.0% per quarter. Annual construction cost growth reached 2.7%, the fastest pace since … Read more