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

 

Residential Consent Values Remain High

Embargoed until 10:45am – 29 September 2006

Residential Consent Values Remain High

The value of consents issued for residential buildings in August 2006 was $694 million, 9.7 percent higher than in August 2005, Statistics New Zealand said today. The trend for the value of residential buildings has been increasing since March 2006.

Consents for 2,171 new housing units, excluding apartment units, were issued in August 2006, 145 more than in August 2005. The trend for the number of new housing units, excluding apartments, has been increasing since April 2006.

There were 266 apartment unit consents issued in August 2006, compared with 257 in July and 81 in June.

Apartments accounted for 11 percent of all new housing units authorised in August 2006, compared with a monthly average of 13 percent for the 12 months prior to August 2006.

Eleven of 16 regions authorised more new housing units in August 2006 than in August 2005. The Bay of Plenty recorded the largest increase when comparing the two August months, followed by Wellington and Otago. In August 2006, the Bay of Plenty recorded its second highest monthly number of new housing units since this series began in 1998.

The value of consents issued for non-residential buildings in August 2006 was $362 million, 6.5 percent lower than for the same month last year. Shops, restaurants and taverns showed the largest decrease, while storage buildings showed the largest increase.

Geoff Bascand
Acting Government Statistician

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop 3.0: How You Can Help Scoop’s Evolution

We have big plans for 2018 as we look to expand our public interest journalism coverage, upgrade our publishing infrastructure and offer even more valuable business tools to commercial users of Scoop. More>>


Statistics: Butter At Record $5.67/Block; High Vegetable Prices

Rising dairy prices have pushed food prices up 2.7 percent in the year to October 2017, Stats NZ said today. This followed a 3.0 percent increase in the year to September 2017. More>>

ALSO:

Science: New Research Finds Herbicides Cause Antibiotic Resistance

New University of Canterbury research confirms that the active ingredients of the commonly used herbicides, RoundUp, Kamba and 2,4-D (glyphosate, dicamba and 2,4-D, respectively), each alone cause antibiotic resistance at concentrations well below label application rates. More>>

ALSO:

CO2 And Water: Fonterra's Environment Plans

Federated Farmers support Fonterra’s bold push to get to zero emissions of CO2 on the manufacturing side of the Co-operative, both in New Zealand and across its global network. More>>

ALSO:

Fisheries: Decision To Delay Monitoring ‘Fatally Flawed’

Conservation group representatives say a decision by the new Minister of Fisheries, Stuart Nash, to delay implementation of camera monitoring of fishing efforts in New Zealand is ‘fatally flawed’. More>>

ALSO:

Kaikōura Quakes: One Year On

State Highway One and the railway were blocked by damage and slips and the Inland Road suffered significant damage. Farms, homes and businesses suffered building and land damage. Power and internet went down, drinking water systems, sewage systems and local roads were all badly affected... More>>

ALSO: