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

 

Final Frontier: Rocket Lab And NASA Sign Commercial Space Launch Agreement

Rocket Lab has signed a Commercial Space Launch Act Agreement with the National Aeronautics and Space Administration (NASA). The agreement enables Rocket Lab to use NASA resources - including personnel, facilities and equipment - for launch and reentry efforts. More>>

ALSO:

Scoop Business: Wheeler Downplays Scope For ‘Large’ Rates Fall

Reserve Bank governor Graeme Wheeler says some market commentators are predicting further declines in interest rates that would only make sense for an economy in recession, although some easing is likely to be needed to maintain New Zealand’s economic growth. More>>

ALSO:

Ruataniwha Dam: Consent Conditions Could Mean Reduced Intensity

Legal advice sought by the Hawke’s Bay Regional Council on the Ruataniwha Dam consent conditions has confirmed that farmers who sign up to take water from the dam could be required to reduce the intensity of their farming operation to meet the catchment’s strict nitrogen limit. More>>

Health And Safety: Bill Now Sees Rules Relaxed For Small Businesses

Health and safety law reform sparked by the Pike River coalmine disaster has been reported back from the industrial relations select committee with weakened requirements on small businesses to appoint health and safety representatives and committees. More>>

ALSO:

Bearing Fruit: Annual Fruit Exports Hit $2 Billion For First Time

The value of fruit exported rose 20 percent (up $330 million) for the June 2015 year when compared with the year ended June 2014. Both higher prices and a greater quantity of exports (up 9.0 percent) contributed to the overall rise. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news