Pipeline Report 2019

This report aims to provide awareness of the expected pipeline of building and construction work to support; planning, scheduling of investment in skills and capital and coordination of construction procurement for improved scheduling of construction projects.

In this MBIE report (which is jointly prepared by Pacifecon and BRANZ), a peak in total construction value at $43b is forecast in 2021. This has been driven by an anticipated levelling out of residential activity from 2020 onward as well as a tailing off of non-residential activity in 2021.

Auckland, however, bucks this trend, with strong growth in residential activity forecast throughout the forecast period. This is forecast to reach $12.2b by the end of the forecast period (which is 39% above 2018 levels).

Nationwide, dwelling consents increased by 6% in 2018 over 2017 and are forecast to increase by a further 9% in 2019. It is anticipated that 224,500 new dwellings will be consented over the next six years, an average of over 37,000 per year. Of note is the fact that multi-unit dwellings accounted for 36% of all dwellings consented in 2018, which could increase to 41% of all residential dwellings in 2024.

Key Findings

National Construction Pipeline Report Key Findings

For a detailed analysis, read the full report.

More Research

Women in trades research

  • 26 November 2019

The strong demand for trade-based employment in New Zealand is unarguable. Regrettably, so is the low participation rate of women in trades, especially in construction and engineering.

See all Research