Busy summer for builders

The overall volume of building activity rose a seasonally adjusted 6.2 percent in the March 2019 quarter, from the December 2018 quarter, the strongest growth in three years, Stats NZ said today.

"Growth in building activity this quarter was driven by non-residential construction, including work on social and cultural buildings, offices, and universities," construction statistics manager Melissa McKenzie said.

QuarterNew Zealand
Dec-891447995000
Mar-901489695000
Jun-901475266000
Sep-901387809000
Dec-901339658000
Mar-911197585000
Jun-911058608000
Sep-911027570000
Dec-911018731000
Mar-921017511000
Jun-921057653000
Sep-92974754000
Dec-921073289000
Mar-931159863000
Jun-931202527000
Sep-931316347000
Dec-931330966000
Mar-941295912000
Jun-941449946000
Sep-941543949000
Dec-941542969000
Mar-951639975000
Jun-951710431000
Sep-951633188000
Dec-951657109000
Mar-961671168000
Jun-961737045000
Sep-961746636000
Dec-961732015000
Mar-971809711000
Jun-971763199000
Sep-971812874000
Dec-971704364000
Mar-981653091000
Jun-981654560000
Sep-981481627000
Dec-981603425000
Mar-991544727000
Jun-991642572000
Sep-991753733000
Dec-991827942000
Mar-002122139000
Jun-001727247000
Sep-001682795000
Dec-001617745000
Mar-011546412000
Jun-011675554000
Sep-011653569000
Dec-011818362000
Mar-021736879000
Jun-021778404000
Sep-021963848000
Dec-022020748000
Mar-032054007000
Jun-032046643000
Sep-032219688000
Dec-032176505000
Mar-042213692000
Jun-042383692000
Sep-042362344000
Dec-042257087000
Mar-052325223000
Jun-052491764000
Sep-052371918000
Dec-052370497000
Mar-062461164000
Jun-062309941000
Sep-062283776000
Dec-062278512000
Mar-072326769000
Jun-072337994000
Sep-072380197000
Dec-072450644000
Mar-082288072000
Jun-082152565000
Sep-082126693000
Dec-081967894000
Mar-091960725000
Jun-091854373000
Sep-091786106000
Dec-091796518000
Mar-101818820000
Jun-101976142000
Sep-101909345000
Dec-101917695000
Mar-111771473000
Jun-111685055000
Sep-111643873000
Dec-111711217000
Mar-121673108000
Jun-121720443000
Sep-121875681000
Dec-121939551000
Mar-131978766000
Jun-132011940000
Sep-132029590000
Dec-132035517000
Mar-142330178000
Jun-142349703000
Sep-142406312000
Dec-142352969000
Mar-152405799000
Jun-152426501000
Sep-152439289000
Dec-152501842000
Mar-162663410000
Jun-162808123000
Sep-162826075000
Dec-162859658000
Mar-172780297000
Jun-172774048000
Sep-172843665000
Dec-172877711000
Mar-182848624000
Jun-182878451000
Sep-182894023000
Dec-182992616000
Mar-193178307000

The volume of non-residential building activity rose 9.0 percent in the March 2019 quarter compared with the December 2018 quarter, while residential construction volumes rose 4.3 percent.

QuarterResidential buildingsNon-residential buildings
Mar-1413.416
Jun-1402
Sep-14-1.37.4
Dec-142.4-8
Mar-151.43.3
Jun-15-0.73
Sep-152.2-1.6
Dec-153.51.3
Mar-166.16.9
Jun-165.94.8
Sep-1610.1
Dec-161.21.2
Mar-17-0.4-6.1
Jun-17-0.1-0.3
Sep-173.51
Dec-17-0.33.4
Mar-18-0.5-1.7
Jun-180.71.5
Sep-180.80.1
Dec-181.95.7
Mar-194.39

"The volume of building work has been generally increasing since 2012, boosted originally by the Canterbury earthquake rebuild, and more recently by developments in Auckland," Ms McKenzie said.

Construction in Auckland led the rise in the volume of building work for this quarter.

The recent growth also reflected increases in paid hours for the construction industry, as shown in the latest quarterly employment survey data in the Labour market statistics: March 2019 quarter.

Retail spending holds up in March also reported on the rise in spending on hardware and building supplies.

/Stats NZ Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.