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Dwelling consents trend rising

Dwelling consents trend rising – Media release

28 February 2014

The trend for the number of new dwellings consented continues to rise, and is at its highest level since September 2007, Statistics New Zealand said today.

“The trend for new dwellings has doubled since the historic low point in March 2011, but is still 28 percent below the peak in January 2004,” industry and labour statistics manager Blair Cardno said.

In January 2014, the seasonally adjusted number of new dwellings consented, including apartments, fell 8.3 percent, although this wasn’t enough to reverse the rises of late last year.

“Apartment numbers returned to a lower level in January, after recording high numbers in November and December,” Mr Cardno said.

Excluding apartments, the seasonally adjusted number of new dwellings fell only 1.3 percent, following a rise of 11 percent in December.

In January, consents were issued for 1,640 new dwellings. This comprised:
• 154 apartments (including 88 retirement village units)
• 1,486 non-apartment dwellings.

Together, Auckland and Canterbury accounted for 58 percent of the new dwellings. In Auckland, 433 new dwellings were consented, while 520 new dwellings were consented in Canterbury.

A total of $930 million of building work was consented. This consisted of:
• $642 million of residential work
• $289 million of non-residential work.

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

 Building Consents Issued: January 2014

BuildingConsentsIssuedJan14HOTP.pdf

bcijan14tables.xls

ENDS

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