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

 


Dwelling consents trend increasing


Dwelling consents trend increasing

30 May 2014

The trend for the number of new dwellings consented is at its highest level since September 2007, Statistics New Zealand said today.

“The trend for new dwellings has doubled since the low point in March 2011, but is still 27 percent below the series peak in January 2004,” business indicators manager Neil Kelly said.

In April 2014, 2,082 new dwellings were consented, including 432 apartments. This is the third time in six months that the number of new apartments has been above 400.

The large number of apartments caused the seasonally adjusted number of new dwellings consented to rise 1.5 percent.

Excluding apartments, the seasonally adjusted number fell 5.2 percent.

The regions that consented the most new dwellings in April were:
• Auckland – 697 (including 241 apartments)
• Canterbury – 554 (including 40 apartments)
• Waikato – 261 (including 69 apartments).

A total of $1.1 billion of building work was consented in April, with $739 million of residential work and $401 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: April 2014
ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Tax: GST Threshold For Online Purchases Won't Lower Before 2018

The government wants to lower the threshold on online purchases which qualify for GST from mid-2018, but says more work is needed and there will be no change without public consultation. More>>

ALSO:

North Canterbury: Government Extends Drought Classification

The government has extended a drought classification for the eastern South Island until the end of the year, meaning the area will have officially been in drought for almost two years, the longest period for such a category. More>>

ALSO:

Negotiations Fail: Christchurch Convention Centre Build To Proceed Without PCNZ

After protracted negotiations, the government has ditched the construction consortium it picked to build Christchurch's replacement convention centre, which it now anticipates delivering at least two years behind the original schedule. More>>

ALSO:

Ruataniwha: Greenpeace Launches Legal Challenge Against $1b Dam Plan

Greenpeace NZ is launching a legal challenge against a controversial plan to build a dam that’s set to cost close to $1 billion and will pollute a region’s rivers. More>>

ALSO:

Inequality: Top 10% Of Housholds Have Half Of Total Net Worth

The average New Zealand household was worth $289,000 in the year to June 2015, Statistics New Zealand said today. However wealth was not evenly distributed, with the top 10 percent accounting for around half of total wealth. In contrast, the bottom 40 percent held 3 percent of total wealth. More>>

ALSO:

What Winter? Temperature Records Set For June 20-22

The days around the winter soltice produced a number of notably warm tempertaures. More>>

Conservation Deal: New Kākāpō Recovery Partnership Welcomed

Conservation Minister Maggie Barry says the new kakapo recovery partnership between DOC and Meridian Energy is great news for efforts to save one of New Zealand’s most beloved birds. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news