Dwelling Consents Trend Rising
The trend for the number of new dwellings consented is at its highest level since August 2007, Statistics New Zealand said today.
“The trend for new dwellings has doubled since March 2011, but is still 26 percent below the series peak in January 2004,” business indicators manager Neil Kelly said.
In June 2014, the seasonally adjusted number of new dwellings consented rose 3.5 percent (or 2.9 percent when apartments are excluded).
In unadjusted terms, 1,950 new dwellings were consented in June, including 197 apartments.
The regions that consented the most new dwellings were:
- Canterbury – 623 (including 49 apartments)
- Auckland – 553 (including 120 apartments).
Almost $1.3 billion of building work was consented in June, with $772 million of residential work and $490 million of non-residential work.
Data for building consents is obtained from all territorial authorities.
New Zealand Statistics