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Tommy Honey: Construction Industry Council Executive Director on the survey showing builders believe the slowdown will continue another year

Tommy Honey: Construction Industry Council Executive Director on the survey showing builders believe the slowdown will continue another year

Early Edition with Ryan Bridge · Newstalk ZB

August 12, 20243m 19s

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Show Notes

It's a waiting game for the construction sector as the economic downturn continues to bite. 

The latest EBOSS Builder Sentiment Report shows 67% of builders are seeing less demand for their services. 

70% feel industry conditions will continue to decline in the next 12 months. 

Construction Industry Council Executive Director Tommy Honey told Ryan Bridge everyone is waiting for economic conditions to pick up again. 

He says people are holding off selling their homes, which has resulted in fewer people renovating or building new homes. 

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Topics

buildingconstructiontommy honeyNZ Construction Industry Councilconstruction industry councilhousing