RLB CRANE INDEX®

For the first half of 2024, building activity in the South Island (excluding Canterbury) rose by 3.8% compared to the same period in 2023. The residential sector rose by 0.8% and the non-residential sector rose by 9.7%.

Building consents in the South Island (excluding Canterbury) for the first six months of 2024 fell by 9.2% to $1.4bn. This can be almost entirely attributed to the residential sector, which saw consents fall by 11.6% for the six months. The non-residential sector saw a fall of 4.2%.

The residential sector remained buoyant and the focal point of activity in the region, accounting for 50% of all long-term cranes.

New long-term cranes were added to:

Civil

• Shotover Delta (Frankton)
• Sugar Lane (Frankton)

Residential

• Livingstone Lane (Frankton)

Cranes were removed from:

Commercial

• Central Street (Frankton)
• 1094 Frankton Road (Frankton)
• 53 Brecon Street (Queenstown)

Residential

• 108 Wynyard Crescent (Fernhill)
• 34 Mill Farm Lane (Millbrook)
• 94 McAdam Drive (Jacks Point)

Cranes remain at:

Commercial

• Brecon Street (Queenstown)
• Brunswick Street (Queenstown)

Residential

• Ploughmans Lane (Millbrook)
• Tree Tops Rise (Queenstown)
• Speargrass Flat Road (Queenstown)
• Brunswick Street (Queenstown)