Ongoing concerns for the construction sector, with fewer new-builds being considered

Corelogic's latest construction index shows just a 1.1 percent increase in cost during the September quarter.

Overall cost growth remains subdued, reflecting an easing of pressure for labour and materials.

Combined Building Supplies Co-op chair, Carl Taylor says the increase in land costs isn't aiding the industry.

He says a 400-square metre section at Preston's Subdivision in Christchurch was 250-thousand dollars two years ago - and is now half a million.