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Building Consents Issued: December 2000

Building Consents Issued: December 2000

Lowest Number Of New Dwelling Units Authorised Since 1992

The number of new dwelling units authorised in December 2000, 1,285, is the lowest monthly number since January 1992, according to figures released today by Statistics New Zealand.

Although December is normally a low month, the December 2000 result is significantly lower than the mean of 1,720 for December months since 1990. During this period the number of dwelling units authorised has ranged from 1,285, in December 2000, to 2,149, in December 1997.

Overall, there were fewer new dwelling units authorised in 2000 than in 1999. In 2000, only two months recorded more than 2,000 dwelling units authorised, whereas in 1999 nine months recorded more than 2,000 dwelling units authorised.

The Auckland region recorded the greatest decrease with 450 new dwelling units authorised in December 2000. This compares to 650 in November 2000 and 769 in December 1999.

The value of consents for new dwellings in December 2000 was $206.0 million. This is down from $231.5 million in October 2000 and $248.8 million in November 2000.

In contrast the value of consents issued for non-residential buildings remains firm. In December 2000 the value of consents for non-residential buildings was $214.6 million. This compares with $217.1 million in October and $270.2 in November 2000. The trend in the value of consents for non-residential buildings has been increasing since April 1999.



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