Houses under construction

HOUSING Houses under construction

The number of houses under construction is constantly changing as some are completed and others begin construction. The number of houses under construction on 31 December 2021 was 1170 which was an increase of 15% compared to a year earlier.

The residential construction sector has boomed in Hamilton over the last 10 years. At the end of 2012, there were 317 houses under construction. This had increased to 817 in 2016 and has continued to increase through 2021.

The growth in the number of homes under construction is reflected in the number of businesses in the construction sector which increased 48% over the last 10 years to hit 2048 in 2021. Construction contributed $845 million to our economy in 2021 and employed over 9500 people.

1170

houses under construction

UP 12%

ON 2020

The big question is whether there is capacity left in the construction sector to continue to grow at the current rates. Not only has the closure of international borders meant that there is a lack of migrant workers coming in to fill job vacancies, but the production and importation of building materials is under huge strain. The sector has reported delays of six months on building materials. GIB has reported that it will increase manufacturing of its plasterboard by 20% in 2022 to try and meet demand. Australia is also running a campaign to attract construction workers to meet their increased demand, which may well result in a net decline in workers when the borders reopen. There are significant uncertainties remaining and little information that supports the ability of the sector to continue to grow.

Houses under construction

Source: Hamilton City Council As at 31 December each year

1400

1200

1000

800

600

400

200

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

1B Houses under construction

Source: Hamilton City Council

Te Rapa North Sylvester Horsham Downs

39

Burbush

1 Pukete West

Te Rapa Flagstaff

Pukete Rototuna

Huntington

Queenwood

Bryant Chedworth Key

90+ 60-89 30-59 10-29 <10 0

23 Rotokauri

Crawshaw Chartwell

Beerescourt Porritt

Clarkin Insoll Fairview Downs

Enderley Newstead

Brymer Grandview

Nawton Maeroa

1 Claudelands

Hamilton Central Peachgrove

Dinsdale North

23 Swarbrick

Dinsdale South Frankton Junction

Hamilton Lake

3 Hamilton East

1 Naylor

Bader University

Silverdale

Hillcrest West

Riverlea

Temple View Melville

Glenview Peacocke

1B

26

1

The residential building boom in Hamilton continues with over half of new builds in infill areas and nearly 60% being duplexes and townhouses.