January 2025
In this newsletter:
Industry news at a glance
BuildLink: AI set to transform NZ's Building and Construction Industry
BIF in the media: 1News interview on 'Game changer' solution to speed up home building process
MBIE: National Construction Pipeline Report
CoreLogic: Construction conditions look set to improve in 2025
INDUSTRY NEWS AT A GLANCE
NZ Herald: New home consents data: Up for November but down 12% annually
(Photo: NZ Herald / Brett Phibbs)
BuildLink: AI set to transform NZ's Building and Construction Industry
In BuildLink magazine's latest issue, BIF CEO Julien Leys writes about the rise of AI and how its transforming supply chain logistics and the way we design and construct our built environment. Click on the magazine below to read the full article on page 10 via the BuildLink website.
BIF in the media: 1News interview on 'Game changer' solution to speed up home building process
An innovative approach between the Selwyn District Council and builders Kevler Homes has sharply reduced the cost and construction time for building a new home. 1News asked BIF CEO Julien Leys on what he thinks of this new approach to speed up the home building process. You can watch the full interview on the 1News website.
(A screengrab from the 1News interview)
MBIE: National Construction Pipeline Report 2024
MBIE has published its National Construction Pipeline Report 2024, which provides a projection of building activity for the next 6 years through to the end of 2029. It includes national and regional breakdowns of actual and forecast residential building, non-residential building, and infrastructure activity.
This report was jointly prepared by BRANZ and Pacifecon NZ and aims to provide the building and construction sector valuable information to help it plan for future demand. You can read and download the full report from the MBIE website.
CoreLogic: Construction conditions look set to improve in 2025
CoreLogic has published its latest Cordell Construction Cost Index (CCCI), a quarterly industry report that measures the rate of change of construction costs within the residential market to build a ‘standard’ 200 sqm three-bedroom, two-bathroom single storey brick and tile house in Aotearoa.
In this latest report, it shows the cost to build a ‘standard’ single standalone dwelling in NZ increased by 0.6% in the three months to December, half the 1.1% growth seen in the third quarter of 2024 and also below the long-term average quarterly rise of 1.0%. You can read and download the full report from the CoreLogic website.
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