The Squeezed Margin: Q2 Building Costs and the Looming CPI Realities
About this episode
The episode discusses the rising construction costs and their implications for the New Zealand property market.
Send us a question/idea/opinion direct via text message! Construction output costs are tracking upward, but residential builders are absorbing the financial hit. This week on the New Zealand Property Market Podcast, Head of Research Nick Goodall and Chief Economist Kelvin Davidson analyse the newly released Q2 Cordell Construction Cost Index (CCCI). The data shows an annualised cost acceleration to 3.5% for the second quarter, up from 3.0% in Q1. We break down the structural reasons why...
People in this episode
Host: Nick Goodall
Guest: Kelvin Davidson
Topics covered
- building costs
- construction
- economic analysis
- CPI
- New Zealand property market
Keywords
- construction costs
- CPI
- Q2 Cordell Construction Cost Index
- economic impact
- residential builders
Mentioned in this episode
Organizations: Cotality NZ, Cordell Construction Cost Index
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