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

 

New dwelling consents reach six-year high in 2013

New dwelling consents reach six-year high in 2013

30 January 2014

A total of 21,300 new dwellings were consented in 2013, up 26 percent from 2012, Statistics New Zealand said today.

“The annual number of new dwellings is at its highest level since 2007. The rise in 2013 was mainly driven by increases in Auckland and Canterbury,” industry and labour statistics manager Clara Eatherley said.

The regions that consented the most new dwellings in 2013 were:
• Auckland – 6,309 (up 38 percent from 2012)
• Canterbury – 5,762 (up 43 percent)
• Waikato – 2,245 (up 24 percent)
• Wellington – 1,573 (up 27 percent).

The total value of building work consented in 2013 was $12.1 billion (up 20 percent from 2012). This consisted of:

• $7.9 billion of residential work (up 28 percent)
• $4.2 billion of non-residential work (up 6.9 percent).

Dwelling numbers rise in December

In December 2013, a total of 2,035 new dwellings were consented, including 473 apartments.

“December saw a high number of apartments consented in Auckland, and a high number of houses consented in Christchurch,” Ms Eatherley said.

Excluding apartments, the seasonally adjusted number of new dwellings rose 11 percent from November 2013. Including apartments, the number rose 7.6 percent.

The trend for the number of new dwellings eased in the middle of 2013, but has been increasing since then.

Data for building consents is obtained from all territorial authorities in New Zealand.

For more information about these statistics: Building Consents Issued: December 2013

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Back Again: Government Approves TPP11 Mandate

Trade Minister Todd McClay says New Zealand will be pushing for the minimal number of changes possible to the original TPP agreement, something that the remaining TPP11 countries have agreed on. More>>

ALSO:

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>>

ALSO:

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>>

ALSO:

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>>

ALSO:

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>>

ALSO: