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House consents continue to rise

House consents continue to rise

31 March 2014

The seasonally adjusted number of new houses consented rose 3.0 percent in February 2014, Statistics New Zealand said today.

“The trend for new houses has been increasing for almost three years, and is at its highest level since December 2007,” business indicators manager Neil Kelly said.

In unadjusted terms, 1,702 new houses were consented in February, as well as 66 apartments. This was the lowest monthly number of apartments consented in almost a year, but follows five-year highs in November and December.

This fluctuation in apartment numbers caused the seasonally adjusted total number of new dwellings to fall 1.7 percent in February.

In February, Canterbury consented 30 percent of the country's new dwellings, while Auckland consented 26 percent.

A total of $1.1 billion of building work was consented in February. This comprised:
• $726 million of residential work
• $376 million of non-residential work.

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

For more information about these statistics:

• Visit Building Consents Issued: February 2014


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