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


Growth In Number Of New Dwellings Continues

26 April 2002

Building consents for 1,986 new dwelling units were issued in March 2002, worth $333.7 million, according to the latest figures from Statistics New Zealand. The trend in the number of new dwelling units has increased by 23 percent over the 15 months since December 2000. However, the level of the trend is still below the peak reached in July 1999.

For the year ended March 2002, the average number of new dwelling units was 1,775 per month compared with 1,614 per month for the year ended March 2001. This is an increase of 161 units per month or 10.0 percent. The change has mainly been driven by an increase in the average number of dwelling units in the Auckland region, up 100 dwelling units per month on average or 16.2 percent compared with the year ended March 2001. Otago also increased significantly, up 29 dwelling units per month or 49.2 percent. When comparing the same periods, the Wellington region fell by 14 dwelling units per month on average or 7.8 percent, and the Canterbury region rose by 13 dwelling units per month on average or 6.6 percent.

The total value of non-residential building consents in March 2002 was $175.8 million. The trend series for non-residential buildings has been decreasing since July 2001. This series should be treated with caution, as time series analysis shows that observations are required for 11 months before a change in the direction of the trend can be indicated.

Consents issued for offices and administration buildings comprised $49.4 million or 28.1 percent of the non-residential total. Education buildings contributed $22.3 million (12.7 percent), followed by shops, restaurants and taverns with $21.0 million (11.9 percent).

The total value of all building consents issued in March 2002 was $574.9 million.

Brian Pink Government Statistician


© Scoop Media

Business Headlines | Sci-Tech Headlines


BusinessDesk: Body massages and Uber are in, DVDs are out, says Stats NZ

Statistics New Zealand has rejigged the consumers price index basket in its latest three-year review, adding body massages, Airbnb and Uber and removing DVD and Blu-Ray players…More>>


StuffMe: Commerce Commission Welcomes Dismissal Of Merger Appeal

In a summary of their judgment released today, Justice Dobson and lay member Professor Martin Richardson dismissed the appellants’ process criticisms and found the Commission was entitled to place significant weight on the prospect of reduced quality of the products produced by the merged entity. More>>


Digital Futures: New Chief Technology Officer Role Created

Communications Minister Clare Curran has called for expressions of interest for the new role of Chief Technology Officer position to help drive a forward-looking digital agenda for New Zealand. More>>

Real Estate: NZ house sales slump in December but prices still firm

The number of property sales across New Zealand slumped 10 percent in December from a year earlier but prices continued to lift, according to the Real Estate Institute. More >>


Dry: Beef + Lamb Launches Drought Resources

The resources include a fact sheet outlining strategies to manage and mitigate the effects of drought, coping with stress on the farm and advice on feed requirements and animal welfare during the dry period. More>>


InternetNZ: Net Neutrality Failure In US "Will Hurt All Users"

InternetNZ Chief Executive Jordan Carter has condemned the decision by the United States communications regulator to undo 2015 open Internet rules, warning that all Internet users will end up worse off as a result. More>>