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7 Jul 2025 10:38
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  •   Home > News > Business

    Warnings from industry leaders that the housing crisis could deepen and property prices could spiral again if new builds stall

    Warnings from industry leaders that the housing crisis could deepen and property prices could spiral again if new builds stall


    The Master Builders Association says supply chain issues and rising material costs are behind a drop in sales and inquiries for new housing builds, as lending becomes tougher and banks want fixed-price contracts.

    Vice-President Johnny Calley says it's the hardest it's ever been to build housing.

    He says with pressures coming from all directions... difficulties are unable to avoid.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     07 Jul: The Government's expanding the its FamilyBoost scheme, with changes taking effect retrospectively from the start of this month
     06 Jul: Our newsroom's revealed more than 200 people were able to enter New Zealand on work visas for defunct businesses later exposed as fronts for a network of cannabis grow houses in Auckland
     05 Jul: The Toyota's RAV4's held it's top spot as the favourite passenger car - in a standout month for vehicle sales
     05 Jul: A surge in new car sales - on the back of a tough couple of years for the market
     05 Jul: An independent report on the Northland Expressway, is sowing doubt over the project's future
     05 Jul: AI could soon be worth billions of dollars a year to New Zealand
     04 Jul: Indonesia to sign $52.3b trade pact with US in effort to avoid higher tariffs
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    BUSINESS BUSINESS
    The Government's expanding the its FamilyBoost scheme, with changes taking effect retrospectively from the start of this month More...



     Today's News

    Business:
    The Government's expanding the its FamilyBoost scheme, with changes taking effect retrospectively from the start of this month 10:27

    National:
    Elon Musk says he may launch his own party: but US history tells us that’s not a recipe for success 10:27

    National:
    Why Texas Hill Country, where a devastating flood killed dozens, is one of the deadliest places in the US for flash flooding 10:17

    Maori:
    A Maori worldview describes the immune system as a guardian – this could improve public health in Aotearoa NZ 10:07

    Golf:
    Golfer Amelia Garvey has finished third at the Irish Open with a score of 14-under par overall 10:07

    Entertainment:
    Jessica Simpson has treated fans to a rare insight into her "heart of gold" son Ace's life as she marked his 12th birthday 10:06

    Entertainment:
    Keanu Reeves is thrilled to be fronting another Formula 1 docuseries - after he bagged an Emmy for a recent show on the motor racing event 9:36

    Law and Order:
    In Australia...Jurors will resume deliberations today in the mushroom trial after a Sunday break 9:27

    Entertainment:
    Raye finds "toxic" people "addictive" 9:06

    Living & Travel:
    Investigations are ongoing, after a Queensland woman lost her arm in a lion attack, at a local zoo 8:57


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