New housing consent growth trend continues in November

New housing consent growth trend continues in November – Media release

The number of new houses consented nationally rose again in November 2012, continuing the trend of the last 20 months, Statistics New Zealand said today.

“Since the latest low point in March 2011, we have seen continuous steady growth in the trend for the number of new houses consented,” industry and labour statistics manager Blair Cardno said. “The trend for new houses, including apartments, has climbed 45 percent over the 20 months to November 2012.”

“Excluding apartments, the trend for new houses is up by 41 percent since March 2011,” said Mr Cardno.

Housing consent numbers for November 2012, compared with November 2011, were:
• 1,658 new houses, including apartments (up 20 percent)
• 1,619 new houses, excluding apartments (up 27 percent)
• 39 new apartments (down from 109).

Canterbury led the increase in the number of new houses in November 2012, up 171 from a year ago. Earthquake-related building consents in Canterbury totalled $59 million in November 2012.

The region with the second-largest increase in the number of new houses consented was Otago, up 49.

The seasonally adjusted number of new non-apartment houses increased 4.6 percent in November 2012. Including apartments, the seasonally adjusted number decreased 5.4 percent. Apartment numbers can vary a lot from month to month.

The value of all building consents in November 2012 was $1,053 million, up 15 percent compared with November 2011.

Data for building consents is obtained from all territorial authorities in New Zealand.
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Authorised by:
Colin Lynch
Acting Government Statistician

Published 9 January 2013

For more information about these statistics:
• Visit Building Consents Issued: November 2012
• Open the attached files

Information release (PDF) Tables (Excel) Copy of this media release (PDF)

(See attached file: BuildingConsentsIssuedNov12.pdf) (See attached file: bci-nov12-tables.xls) (See attached file: BuildingConsentsIssuedNov12MR.pdf)

BuildingConsentsIssuedNov12.pdf

bcinov12tables.xls

BuildingConsentsIssuedNov12MR.pdf

ENDS

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