1 Feb 2023

Thousands of homes damaged - Master Builders on what happens next

From Midday Report, 12:45 pm on 1 February 2023

Thousands of homes across Auckland are flood damaged, and in need of repair, refurbishment, or rebuilding. 

By 11-clock this morning, building assessments teams had issued 138 red, 542 yellow, and 1141 white placards. 

CoreLogic NZ's Cordell Construction Cost Index puts annual residential building price inflation at more than 10-percent, and expected that rate to continue this year.  

Master Builders' chief executive David Kelly spoke to Māni Dunlop.