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

 

Scoop Business: Leighton-Led WGP To Build, Manage Transmission Gully

The Wellington Gateway Partnership, led by a unit of ASX-listed Leighton Holdings, has won the $1 billion contract to build the Transmission Gully road north of Wellington. More>>

ALSO:

Gareth Morgan: The Government’s Fresh Water Policy – Revisited

Fresh water quality is the latest area to be in the sights of Gareth Morgan and his research organisation The Morgan Foundation... They found that the fresh water policy was a bit murkier than the Environment Minister let on. More>>

ALSO:

Interest Rates: RBNZ Hikes OCR To 3.5%, ‘Period Of Assessment’ Now Needed

Reserve Bank governor Graeme Wheeler raised the official cash rate as expected, while signalling a pause in rate hikes to assess the impact of moves so far this year. The kiwi dollar sank after Wheeler said its strength was “unjustified” and that the currency could have “a significant fall.” More>>

ALSO:

Fonterra: Canpac Site 'Resize' To Focus More On Paediatrics

Fonterra is looking at realigning its packing operations at Canpac, in the Waikato, to focus more on paediatric nutritionals... The proposed changes could mean around 110 roles may not be required at the site which currently employs 330. More>>

ALSO:

Scoop Business: Postie Plus Brand Gets 2nd Chance With Well-Funded Pepkor

The Postie Plus brand is getting a new lease of life after South Africa’s Pepkor bought the failed retailer’s assets out of administration and said it will use its purchasing power to reduce costs of stock and fatten margins. More>>

ALSO:

Warming: Warming Signs From State Of Climate Report

Climate data from air, land, sea and ice in 2013 'reflect trends of a warming planet' -- says the latest State of the Climate report, launched by U.S. and New Zealand scientists. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news