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Apartments boost new dwelling consents

Apartments boost new dwelling consents – Media release

9 January 2014

A boost in new apartment consents led to an 11 percent rise (seasonally adjusted) for new dwellings consented in November 2013, Statistics New Zealand said today.

Excluding apartments, the seasonally adjusted number of new houses fell 0.5 percent.

In unadjusted terms, 1,775 new houses and 492 apartments were consented in November 2013. “November saw the highest number of apartments consented in a month since April 2008; however, apartment numbers usually fluctuate from month to month,” industry and labour statistics manager Blair Cardno said.

Auckland accounted for 34 percent of the consented houses and apartments in November, and Canterbury accounted for 24 percent.

“The trend for new houses has been increasing since early 2011, and is at its highest level since early 2008,” Mr Cardno said.

The total value of all building work consented in November was $1,087 million. This comprised:
• $798 million of planned residential building work
• $289 million of planned non-residential building work.

Building consents identified as earthquake-related in Canterbury were valued at $40 million, and included 64 new houses.

Data for building consents is obtained from all territorial authorities in New Zealand.

Building Consents Issued: November 2013

BuildingConsentsIssuedNov13.pdf

bcinov13tables.xls

ENDS

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