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16 Oct 2025 10:13
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  •   Home > News > Business

    The cost to build a home appears to be on an upwards trajectory, but less so than in recent years

    The cost to build a home appears to be on an upwards trajectory, but less so than in recent years

    16 October 2025
    The Cordell Construction Cost Index shows the cost to build a single-storey brick and tile home, increased 0.4-percent in the three months to September.

    That's below the long-term quarterly average of 1-percent.

    Cotality Chief Property Economist Kelvin Davidson says underlying activity remains confidence - with some room for change next year.

    He says the industry looks like it will pick up - but is limited by business confidence.

    © 2025 Newstalk ZB, NZCity


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