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Number of New Dwelling Units Remains High

Number of New Dwelling Units Remains High

Consents were issued for 2,386 new dwelling units in June 2003, according to Statistics New Zealand. The total number of new dwelling units for June 2003 is the largest June monthly total recorded since 1976.

For the last three months ending June 2003, the average number of new dwelling units was 2,400 units.

This compares with average numbers of 2,100 units for the three months ending March 2003 and 2,800 units for the three months ending December 2002.

All regions, with the exception of Gisborne, had more new dwelling units in June 2003 compared with June 2002. Canterbury (up 134 units) recorded the largest increase in new dwelling units when comparing the two June months, followed by Auckland (up 77 units), Northland (up 71 units) and Waikato (up 68 units).

Auckland continued to be the main contributor to the total number of new dwelling units with 858 or 36 percent of the total number in June 2003.

The total value of non-residential building consents issued in June 2003 was $251 million.

This follows totals of $199 million in May 2003, and $233 million in April 2003. Consents issued for shops, restaurants and taverns were worth $55 million, 22 percent of the non-residential buildings total value in June 2003.

Consents for offices and administration buildings, and factories and industrial buildings each contributed $33 million or 13 percent.

The total value of consents issued for all buildings in June 2003 was $738 million.

Residential buildings contributed 66 percent of the total value for all buildings in June 2003, compared with 63 percent for June 2002.

For the year ended June 2003, the total value of consents for all buildings was $8,301 million, up $1,197 million or 17 percent when compared with the year ended June 2002.

Brian Pink

Government Statistician

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