Brad Olsen: Infometrics Principal Economist on the declining demand for construction
Heather du Plessis-Allan Drive · Newstalk ZB
October 1, 20246m 31s
Audio is streamed directly from the publisher (pdst.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Construction continues to slow, although consents for office and public transport buildings have risen 26 percent.
Stats NZ says new home consents dropped 20 percent in the year to August - and standalone new builds fell 9.7 percent.
Consents for townhouses, apartments, retirement village units, and flats are down 27 percent.
Infometrics Principal Economist Brad Olsen unpacks the factors behind the decline.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Topics
constructionbusinessdemand