{"id":6739,"date":"2026-10-27T06:15:47","date_gmt":"2026-10-27T06:15:47","guid":{"rendered":"https:\/\/apac.hubexo.com\/?post_type=press-release&#038;p=6739"},"modified":"2026-11-02T06:16:20","modified_gmt":"2026-11-02T06:16:20","slug":"new-zealands-construction-outlook-for-2027","status":"publish","type":"press-release","link":"https:\/\/apac.hubexo.com\/zh\/press-release\/new-zealands-construction-outlook-for-2027\/","title":{"rendered":"New Zealand\u2019s Construction Outlook for 2027"},"content":{"rendered":"<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"868\" height=\"421\" src=\"https:\/\/apac.hubexo.com\/wp-content\/uploads\/2026\/11\/Construction-Outlook-NZ-Open-Book-edited.png\" alt=\"\" class=\"wp-image-6742\" srcset=\"https:\/\/apac.hubexo.com\/wp-content\/uploads\/2026\/11\/Construction-Outlook-NZ-Open-Book-edited.png 868w, https:\/\/apac.hubexo.com\/wp-content\/uploads\/2026\/11\/Construction-Outlook-NZ-Open-Book-edited-300x146.png 300w, https:\/\/apac.hubexo.com\/wp-content\/uploads\/2026\/11\/Construction-Outlook-NZ-Open-Book-edited-768x372.png 768w, https:\/\/apac.hubexo.com\/wp-content\/uploads\/2026\/11\/Construction-Outlook-NZ-Open-Book-edited-18x9.png 18w, https:\/\/apac.hubexo.com\/wp-content\/uploads\/2026\/11\/Construction-Outlook-NZ-Open-Book-edited-600x291.png 600w\" sizes=\"auto, (max-width: 868px) 100vw, 868px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>New Zealand, October 2026 \u2014<\/strong> New Zealand\u2019s construction market heads into 2027 with consents rising, a strengthening pipeline and stronger commencements forecast. The open question is whether the industry still has the capacity to deliver it.<br><br>Findings from Hubexo\u2019s <a href=\"https:\/\/apac.hubexo.com\/zh\/construction-outlook\/?hsCtaAttrib=201594862967#download-report\" target=\"_blank\" rel=\"noopener\">Construction Outlook<\/a> for 2027 draw on three sources:\u00a0<br><br>&#8211; National project data from its project intelligence platform <a href=\"https:\/\/www.bcicentral.com\/leadmanager\/\" target=\"_blank\" rel=\"noopener\">LeadManager<\/a><br>&#8211; A nationwide Sentiment Survey<br>&#8211; In-depth interviews with leaders across development, architecture and construction\u00a0<br><br>The annual report tracks activity across every major sector and state, with data current to Q2 2026 and commencement forecasts to Q2 2027. It covers residential, commercial and hospitality, community and public buildings, industrial, infrastructure and transport, and energy and resources.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>The Pipeline<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Early-stage project values rose sharply in Q2 2026, rebounding from the previous quarter\u2019s trough and outpacing growth in project numbers as larger developments entered the pipeline. Energy and resources made up around 37% of early-stage value, and industrial, infrastructure and transport a further 32%. The Southern Region alone contributed around 51%. Major projects entering the pipeline include:\u00a0<br><br>&#8211; The approx. $3 billion Lignite to Urea Project at Invercargill\u00a0<br>&#8211; The $970 million Waimaku West Development in the Northern Region\u00a0<br><br>Few projects are leaving the pipeline. Deferral and abandonment rates trended down through to Q2 2026, with every key region recording a deferral rate below 1%. Pressure is concentrated in a few places:\u00a0<br><br>&#8211; Residential continues to record the highest deferral and abandonment rates of any sector.\u00a0<br>&#8211; The Southern Region recorded the highest abandonment rate at 1.2%, ahead of the Northern Region at 0.9% and the Central Region at 0.5%.\u00a0<br><br>The total value of commencements is forecast to increase between Q3 2026 and Q2 2027:\u00a0<br><br>&#8211; Residential is expected to account for around 38% of commencement value.\u00a0<br>&#8211; Industrial, infrastructure and transport is expected to account for around 23%.\u00a0<br>&#8211; Energy and resources is expected to account for around 19%.\u00a0<br>&#8211; The Northern Region is forecast to make up around 54% of national commencement value.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Market Sentiment &amp; Insights<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Expectations for 2027 are cautiously optimistic:<br><br>&#8211; 47% of respondents expect workloads to lift, rising to 51% among builders. A further 39% expect conditions to stay stable.<br>&#8211; Market insecurity is now the leading financial pressure for every group: 83% of architects, 75% of developers and 71% of builders.<br>&#8211; Developers have shortened their planning horizon sharply. Those mapping projects beyond 24 months fell from 60% to 37%.<br><br>The pressure splits along the supply chain:<br><br>&#8211; Delays dominate at the front end, reported by 75% of developers and 76% of architects.<br>&#8211; On site, the problem is money. Low margins are now builders\u2019 leading challenge at 74%.<br>&#8211; Developers are playing defence, with maintaining the status quo their top priority at 50%. Builders are doing the opposite: upskilling staff leads their priorities at 60%.<br><br>On technology, the groups are moving in different directions. Cost is now the leading barrier to adoption for developers and architects, while for builders it\u2019s changing established practices and behaviours. AI is widely discussed, but 63% of developers say it isn\u2019t yet delivering anything measurable.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Hubexo Commentary<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cNew Zealand doesn\u2019t lack projects, infrastructure need or policy intent. Consents are up 19%, the pipeline is strengthening and very little is leaving it. What the industry has lost is the firms and people to convert that pipeline into construction. With 768 construction firms liquidated in the past year and around 16,000 jobs gone over two, the question for 2027 is whether the capability to deliver is still in the country when the work arrives.\u201d<br><strong>\u2014 Ashleigh Porter, President, APAC, Hubexo<\/strong><br><br>\u201cThe challenges differ across the construction supply chain. Developers and architects are grappling with delays and uncertainty, while builders are under pressure from tight margins and the challenge of securing skilled people. With 57% of builders identifying talent acquisition as a key challenge, strengthening workforce capability and productivity will be critical. The businesses that address these pressures now will be best placed to turn emerging opportunities into sustainable growth.\u201d<br><strong>\u2014 Ashleigh Porter, President, APAC, Hubexo<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><br><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<div class=\"location-card blog-post-contact is-yellow\" data-country=\"\"\n     id=\"\">\n    <h3 class=\"snug\">\n        <span>For media inquiries:<\/span>\n        <svg width=\"26\" height=\"19\" viewbox=\"0 0 26 19\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n            <path\n                    d=\"M22.5531 2.27075L16.1039 8.71998L15.7593 9.11383C14.1839 10.6892 11.6731 10.6892 10.0977 9.11383L9.85157 8.86768L3.40234 2.36921\"\n                    stroke=\"#321432\" stroke-width=\"2.46154\" stroke-miterlimit=\"10\"><\/path>\n            <path\n                    d=\"M20.0896 1.43384H5.96035C3.74496 1.43384 1.97266 3.20615 1.97266 5.42153V5.17538V13.0523V13.3969C1.97266 15.6123 3.74496 17.3846 5.96035 17.3846H20.1388C22.3542 17.3846 24.1265 15.6123 24.1265 13.3969V5.71691V5.47076C24.1265 3.25538 22.305 1.43384 20.0896 1.43384Z\"\n                    stroke=\"#321432\" stroke-width=\"2.46154\" stroke-miterlimit=\"10\"><\/path>\n        <\/svg>\n    <\/h3>\n    <p class=\"snug\"><a href=\"mailto:ka&#116;&#101;&#46;&#107;imbe&#114;&#108;&#101;&#121;&#64;&#104;&#117;be&#120;&#111;.c&#111;m\" class=\"small-title--bold\">ka&#116;&#101;&#46;&#107;imbe&#114;&#108;&#101;&#121;&#64;&#104;&#117;be&#120;&#111;.c&#111;m<\/a><\/p>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\"><strong>ABOUT HUBEXO<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Hubexo, formerly&nbsp;Byggfakta&nbsp;Group, was founded in Sweden in 1936. At the core of&nbsp;Hubexo\u2019s&nbsp;offerings are five key product pillars\u2014Market Intelligence, Project Information, Product Information, Specification and&nbsp;eTendering\u2014that together create a powerful ecosystem spanning 1.3 million active projects, 50,000 customers and 25 countries.&nbsp;Hubexo\u2019s&nbsp;global product network drives better decision-making, unlocks sales&nbsp;opportunities&nbsp;and promotes sustainable construction.&nbsp;Hubexo&nbsp;provides clients with the insights needed to navigate the complex construction landscape, boosting growth and driving efficiency through advanced technology solutions.&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p>New Zealand, October 2026 \u2014 New Zealand\u2019s construction market heads into 2027 with consents rising, a strengthening pipeline and stronger commencements forecast. The open question is whether the industry still has the capacity to deliver it. Findings from Hubexo\u2019s Construction Outlook for 2027 draw on three sources:\u00a0 &#8211; National project data from its project intelligence [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":6741,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"press-release-category":[],"class_list":["post-6739","press-release","type-press-release","status-publish","format-standard","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/apac.hubexo.com\/zh\/wp-json\/wp\/v2\/press-release\/6739","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/apac.hubexo.com\/zh\/wp-json\/wp\/v2\/press-release"}],"about":[{"href":"https:\/\/apac.hubexo.com\/zh\/wp-json\/wp\/v2\/types\/press-release"}],"author":[{"embeddable":true,"href":"https:\/\/apac.hubexo.com\/zh\/wp-json\/wp\/v2\/users\/22"}],"version-history":[{"count":1,"href":"https:\/\/apac.hubexo.com\/zh\/wp-json\/wp\/v2\/press-release\/6739\/revisions"}],"predecessor-version":[{"id":6743,"href":"https:\/\/apac.hubexo.com\/zh\/wp-json\/wp\/v2\/press-release\/6739\/revisions\/6743"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/apac.hubexo.com\/zh\/wp-json\/wp\/v2\/media\/6741"}],"wp:attachment":[{"href":"https:\/\/apac.hubexo.com\/zh\/wp-json\/wp\/v2\/media?parent=6739"}],"wp:term":[{"taxonomy":"press-release-category","embeddable":true,"href":"https:\/\/apac.hubexo.com\/zh\/wp-json\/wp\/v2\/press-release-category?post=6739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}