about 1 hour ago
The latest data shows the average building cost per square metre for residential buildings has increased 2.4 percent this year.
The cost of building a new home is pushing up - but not as fast as earlier predictions suggested it might.
QV CostBuilder's latest update shows the average building cost per square metre for residential buildings lifted 1.6 percent in the three months to May, and 2.4 percent over the year.
At the same time, diesel prices fell 18.9 percent, which eased pressure on fuel-intensive areas of construction.
