Canterbury rebuild nearing peak?
ASB Bank economists say construction activity will remain at elevated levels for some time.
Chris Hutching
Mon, 20 Jul 2015
The latest – and last – ASB Cantometer report suggests the Canterbury rebuild is nearing its peak.
However, the ASB Bank economists say construction activity will remain at elevated levels for some time. (See graph below)
Total building activity since mid-2011 only tallies a third of the building
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Chris Hutching
Mon, 20 Jul 2015
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