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

 


Dwelling consents trend flattens

Dwelling consents trend flattens – Media release

30 June 2014

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

“The trend for new dwellings has been increasing for three years, but is still 28 percent below the series peak in 2004,” business indicators manager Neil Kelly said.

A fluctuation in apartment numbers from April to May caused the seasonally adjusted number of new dwellings consented to fall 4.6 percent in May 2014.

Excluding apartments, the seasonally adjusted number of new dwellings rose 4.6 percent.

In unadjusted terms, 2,125 new dwellings were consented in May, including 195 apartments (down from 432 apartments in April). Apartment numbers vary a lot from month to month.

The regions that consented the most new dwellings were:
• Auckland – 611 (including 109 apartments)
• Canterbury – 605 (including 46 apartments)
• Waikato – 192.

A total of $1.2 billion of building work was consented in May, with $842 million of residential work and $370 million of non-residential work.

Data for building consents is obtained from all territorial authorities.

Ends


For more information about these statistics:

• Visit Building Consents Issued: May 2014
• Open the attached files
BuildingConsentsIssuedMay14.pdf
bcimay14tables.xls

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Company Results: Air NZ Rides The Tourism Boom With Record Full-Year Earnings

Air New Zealand has ridden the tourism boom and staved off increased competition to deliver the best full-year earnings in its 76-year history. More>>

ALSO:

New PGP: Sheep Milk Industry Gets $12.6M Crown Funding

The Sheep - Horizon Three programme aims to develop "a market driven, end-to-end value chain generating annual revenues of between $200 million and $700 million by 2030," according to a joint statement. More>>

ALSO:

Half Full: Fonterra Raises Forecast Milk Price

Fonterra Co-operative Group Limited today increased its 2016/17 forecast Farmgate Milk Price by 50 cents to $4.75 per kgMS. When combined with the forecast earnings per share range for the 2017 financial year of 50 to 60 cents, the total payout available to farmers in the current season is forecast to be $5.25 to $5.35 before retentions. More>>

ALSO:

Keep Digging: Seabed Ironsands Miner TransTasman Tries Again

The first company to attempt to gain a resource consent to mine ironsands from the ocean floor in New Zealand's Exclusive Economic Zone has lodged a new application containing fresh scientific and other evidence it hopes will persuade regulators after their initial application was turned down in 2014. More>>

Wool Pulled: Duvets Sold As ‘Premium Alpaca’ Mostly Sheep’s Wool

Rotorua business Budge Collection Limited (Budge) and sole director, Sun Dong Kim, were convicted and fined a total of $71,250 in Auckland District Court after each pleading guilty to four charges of misrepresenting how much alpaca fibre was in their duvets. More>>

Reserve Bank: Labour Calls For Monetary Policy To Expand Goals

Labour's comments follow a speech today by RBNZ governor Graeme Wheeler in which Wheeler sought to answer critics who variously say he should stop lowering interest rates, lower them faster, or that inflation-targeting should no longer be the primary goal of the central bank's activities. More>>

ALSO:

BSA Extension And Sunday Morning Ads: Digital Convergence Bill Captures Online Content

Broadcasting Minister Amy Adams has today announced the Government’s plans to update the Broadcasting Act to better reflect today’s converged market... The Government considered four areas as part of its review into content regulation: classification requirements, advertising restrictions, election programming and contestable funding. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news