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Apartment Takeover of Auckland?
Over 50% of new builds in Auckland will be “attached” predicts architecture research company RCG.
This is a considerable shift from the average of the last 20 years, which has been closer to 35%.
In RCG’s view,demand for medium density living is set to boom in Auckland as it has in Australia, where at least 60% of new homes are attached in the three largest cities.
Rising house prices, an aging population, shrinking household sizes and record migration levels are believed to be behind the move to attached home living.