Analysis
Cost of residential housing development: A focus on building materials
Deloitte Access Economics and Fletcher Building Limited
Deloitte Access Economics was commissioned by Fletcher Building Limited to analyse the cost of new residential housing supply, and in particular the cost of building materials. The report aims to understand the costs associated with residential development (cost of supply), and not the cost of purchasing a new house (the market value).
The report addresses three key questions:
- What makes up the cost of new residential housing development across a range of home types in Australia and New Zealand and what is the overall contribution of building materials to this cost?
- What explains cost differences in residential housing development between New Zealand and Australia?
- To what extent does market structure drive the cost of building materials in New Zealand?
Cost of residential housing development: A focus on building materials
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