Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Value of Building Consents Increases

The total value of consents issued for all buildings in July 2000 Was $488.8 million, according to Statistics New Zealand.

The underlying trend in the value of all building consents has shown steady growth for the Last four months.

This reflects the increasing trends for the value of both residential and non-residential buildings.

The total value of consents issued for non-residential buildings in July 2000 was $210.4 million.

Boosting this total were consents worth $57.8 million recorded for shops, restaurants and taverns. This, the highest total recorded for this building type since August 1994, includes several multi-million dollar consents for individual projects.

The underlying trend for the value of non-residential buildings has shown slight growth for the last 16 months.

There were 1,688 new dwelling units authorised in July 2000 valued at $226.4 million. Included in the new dwelling total were 344 authorised apartment units valued at $22.7 million, 210 of which were in Auckland City, with the rest being spread over Waitakere City, Wellington and Christchurch.

The underlying trend for the value of residential buildings has been increasing for four months, while the trend for the number of new dwellings has been declining for 12 months now. However, over the last three months the rate of decline has slowed to the point where it is virtually flat.

Ian Ewing Deputy Government Statistician

Ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Working Group Update: Mycoplasma Bovis Eradication Making Substantial Progress

International experts are impressed by New Zealand’s efforts to eradicate the cattle disease Mycoplasma bovis and are more confident the campaign is working... More>>

ALSO:

Immigration: Arrest For Human Trafficking And Slavery

It is alleged that the man, who is a Samoan national and New Zealand resident, has been regularly bringing Samoan nationals to New Zealand to work illegally for him in the horticultural industry. More>>

ALSO:

NZ's Space Programme: Rocket Lab Launches NASA Satellites

On Sunday, December 16, 2018 UTC, Rocket Lab’s Electron launch vehicle successfully lifted off from Rocket Lab Launch Complex 1 on New Zealand’s Māhia Peninsula. More>>

ALSO:

Conservation Plan: Celebrity Kiwi Released Into The Wild

One of the nation's most famous kiwi was among four released onto Taranaki Maunga... Atara, a five-year-old male, hatched while David Attenborough's cameras were rolling. More>>

ALSO: