More building work being done

JAMES WEIR
Last updated 11:25 04/12/2013

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House building and commercial construction are booming in Canterbury as the earthquake rebuild gathers steam, but the rest of the country is also improving.

Statistics New Zealand figures out today show national residential building grew 9 per cent in the September quarter, adjusting for seasonal patterns.

Canterbury saw house building up 20 per cent, or $73 million, in the quarter.

The rest of the country was up 6.2 per cent, or $89m, in figures showing the value of building work put in place during the quarter.

The figures show the work carried out, rather than building consents, which are an indicator of work planned but not always completed.

"Residential building activity is on the up again," Statistics New Zealand industry and labour statistics manager Clara Eatherley said.

"In value terms, the Canterbury region led with strong growth."

The value of non-residential building activity in Canterbury was 22 per cent ($59m) higher after a 14 per cent fall in the June quarter.

"A quarter of all building activity value was in the Canterbury region this quarter," Eatherley said.

"Both residential and non-residential building activity in Canterbury grew at least a fifth, recovering from falls in the June 2013 quarter."

Across the country, the volume of residential building activity rose 8.1 per cent in the September quarter and non-residential building activity fell 6.4 per cent, while overall building activity increased 1.4 per cent.

The volume trend for all building activity continued to grow in the September quarter, but the rate of growth appears to be slowing.

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- Fairfax Media

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