Around 60,000 people were added to Auckland's population last year, and each one needs a warm, dry home. But we know there are not enough to go around.
As landowners chip away at the housing shortage, the pressure on prices continues to mount - although the market has cooled somewhat when compared to last year.
But a close eye is needed on new developments to ensure they not only meet the needs of people wanting an affordable home, but are also designed in such a way as to contribute to the city's aesthetics.
Chris Kennedy, CEO of realtor Harcourts, says it's a critical time for the city.
He says: "If we get things wrong now, we risk parts of Auckland becoming pockets of ill-thought-out, ugly and poorly made construction.