What’s behind NZ’s townhouse boom?
Chief Property Economist Kelvin Davidson explores the driving forces behind New Zealand’s decade-long house-building boom. Townhouses have become a key component of growth for NZ’s housing market, accounting for 45% of all new dwelling consents across NZ lately, compared to just 6% back in 2012. Of the 39,600 townhouses built across NZ since 2016, nearly ...