Westpac denies Auckland overbuilding risk
A report by Westpac has refuted claims of an overbuilding risk in Auckland and has stated that at least 7,000 homes will need to be built over the course of eight years in order to meet demand. In addition, a further 7,700 construction workers will need to be trained and supervised and the speed of planning will need to be accelerated; under these circumstances, Westpac believes up to 10,800 homes could be built. 
A report on the outlook for Auckland housing says more than 87-thousand houses could be built over the next eight years without serious risk of overbuilding.