What impact do you think lower building costs will have on the housing market?
The cost of building has reduced to the lowest level in around seven years, with one Hamilton developer saying building times have sped up as supply chain issues ease.
CoreLogic’s latest construction cost index put the annual price growth change at 2.4%, well below the 10-year average of 4.5%, the slowest annual rise since 2016 (2.2%), and the second slowest since records began in 2013.
Brain Teaser of the Day 🧠✨ Can You Solve It? 🤔💬
How many balls of string does it take to reach the moon?
(Peter from Carterton kindly provided this head-scratcher ... thanks, Peter!)
Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!
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Poll: Are our Kiwi summer holidays helping us recharge, or holding the economy back? ☀️🥝
There’s growing debate about whether New Zealand’s extended Christmas break (and the slowdown that comes with it) affects productivity.
Tracy Watkins has weighed in ... now it’s your turn. What’s your take? 🤔
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72.8% We work hard, we deserve a break!
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16.3% Hmm, maybe?
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10.9% Yes!
Festive cheer, fiscal fear - and questions about growth
Hamilton’s boom-town status has been called into question as Hamilton City Council grapples with the need to bring rates within Government mandated limits.
Councillor Andrew Bydder said assumptions about relentless population growth may be “out of date”, and called for a review of the issue early next year.
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