NZCB In The News – 4 Oct 2023 – Waikato Times

Kāinga Ora homes keeping builders afloat

Kāinga Ora is keeping the construction industry in Hamilton afloat, says a developer who’s been in the game nearly 30 years.

New Zealand Certified Builders Association chief executive Malcolm Fleming said there had certainly been a “slowdown” when it came to new builds but they were seeing a “little bit of an upswing” in house alterations and additions. However, that uptick hadn’t closed the gap left by the drop off in new builds.

The downturn was coming on the back of a historical high in the building industry that hadn’t been seen the 1970s, Fleming said.

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