Housing and construction quarterly February 2014

This publication provides quarterly data and analysis on New Zealand\u27s housing market, construction and social housing. Key issues Loan-Value Ratios: Early Days Yet: We explore the effects that the recent Loan-Value Ratio restrictions have had since implementation. Pressure on Christchurch Construction: Christchurch\u27s construction costs have soared past Wellington\u27s levels a change not seen in the past 10 years. Residential Construction Increases: Residential and non-residential construction of new buildings has increased markedly across all the major regions, with Greater Christchurch\u27s residential construction rivalling Auckland levels. Auckland House Values and Rents: The dichotomy between Auckland\u27s house values and rents is explored across the housing boom, the recession and more recent times. National Rent Patterns: Christchurch City continues to attract larger rental increases (10%+) than other major regions. By contrast, Selwyn and Waimakariri rents have cooled