Number Of New Dwellings Increases
Building Consents Issued: January 2002
According to the latest figures from Statistics New Zealand, building consents for 1,526 new dwelling units were issued in January 2002, worth $252.9 million. This follows the authorisation of 1,497 new dwelling units, valued at $306.2 million, in December 2001.
The trend in the number of new dwelling units has been increasing since January 2001, but appears to be slowing in the last few months.
The number of new dwelling units was higher in 12 of the 16 regions for January 2002, when compared with January 2001. The four regions that have shown a decrease between the two periods are Northland, Gisborne, Manawatu-Wanganui and Wellington.
The total value of non-residential building consents issued in January 2002 was $222.9 million. Consents issued for hospitals and nursing homes comprised $56.8 million or 25.5 percent of the non-residential total. Education buildings contributed $34.2 million (15.3 percent), followed by shops, restaurants and taverns with $30.2 million (13.5 percent).
The total value of all building consents issued in January 2002 was $535.7 million.