Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag New Zealand's construction costs rose 0.9% in Dec 2025, with housing approvals up 6.2% yearly.

flag New Zealand's construction costs rose 0.9% in the December 2025 quarter, with annual growth at 2.3%, approaching the long-term average but still below post-pandemic peaks. flag Elevated material and labor costs persist, though inflation has cooled since 2022's highs. flag Residential building consents rose 6.2% year-on-year, signaling recovery driven by lower mortgage rates and improved lending rules. flag Industry experts expect modest growth in 2026, with a repeat of the pandemic-era surge unlikely.

7 Articles

Further Reading