NZCB In The News – 11 July 2024 – Newstalk ZB

Is now the right time to build a house?

Now could be the best time to build a house after costs fall for the first time in more than a decade.

Corelogic’s Construction Cost Index shows building costs have dropped 1.1% in the three months to June.

It looks at the price of labour, material, plant hire, and subcontract services.

Certified Builders Chief Executive Malcolm Fleming told Ryan Bridge that global supply chains are no longer disrupted.

He says costs are returning to pre-pandemic levels while manufacturers and distributors are being more competitive.

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