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


Housing consents trend still declining

Embargoed until 10:45am – 27 February 2008

Housing consents trend still declining

Building consents statistics for January 2008 show a continuing decline in the trend for the number of new housing units, Statistics New Zealand said today. Trends (both including and excluding apartments) have been decreasing since June 2007.

There were 1,743 new housing units authorised in January 2008, 137 fewer units compared with January 2007. Consents for 203 new apartment units were issued, 16 fewer than in January 2007.

In the North Island, 155 fewer units were authorised compared with January 2007, while in the South Island 18 more were authorised. Half of New Zealand's 16 regions authorised fewer units, with the largest decreases in Manawatu-Wanganui, down 69 units, and in Waikato, down 55 units.

Residential building consents issued in January 2008 were valued at $543 million, up $5 million from January 2007.

Non-residential building consents issued in January 2008 were valued at $316 million, up $70 million from January 2007.

Dallas Welch (Mrs)
Acting Government Statistician
27 February 2008


© Scoop Media

Business Headlines | Sci-Tech Headlines


By May 2018: Wider, Earlier Microbead Ban

The sale and manufacture of wash-off products containing plastic microbeads will be banned in New Zealand earlier than previously expected, Associate Environment Minister Scott Simpson announced today. More>>


Snail-ier Mail: NZ Post To Ditch FastPost

New Zealand Post customers will see a change to how they can send priority mail from 1 January 2018. The FastPost service will no longer be available from this date. More>>


Property Institute: English Backs Of Debt To Income Plan

Property Institute of New Zealand Chief Executive Ashley Church is applauding today’s decision, by Prime Minister Bill English, to take Debt-to-income ratios off the table as a tool available to the Reserve Bank. More>>


Divesting: NZ Super Fund Shifts Passive Equities To Low-Carbon

The NZ$35 billion NZ Super Fund’s NZ$14 billion global passive equity portfolio, 40% of the overall Fund, is now low-carbon, the Guardians of New Zealand Superannuation announced today. More>>


Split Decision - Appeal Planned: EPA Allows Taranaki Bight Seabed Mine

The Decision-making Committee, appointed by the Board of the Environmental Protection Authority to decide a marine consent application by Trans-Tasman Resources Ltd, has granted consent, subject to conditions, for the company to mine iron sands off the South Taranaki Bight. More>>