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

 

Home consents down again in July

Home consents down again in July – Media release

30 August 2018

The number of new homes consented fell a seasonally adjusted 10 percent in July 2018, Stats NZ said today.

This followed an 8.2 percent fall in June, after a 6.7 percent rise in May.

“The number of new homes consented can be quite volatile on a monthly basis, particularly as the number of apartments consented tends to fluctuate a lot,” construction indicators manager Melissa McKenzie said.

“Looking at the longer-term picture, we are seeing growth in building consents for apartments and townhouses, while consents for stand-alone houses have been quite flat over the past two years.”

On an annual basis, 32,850 new homes were consented in the year ended July 2018 – up 8.0 percent from the July 2017 year. The annual increase reflected more consents for apartments; townhouses, flats, and units; and retirement village units (up 29 percent for the three groups to a total of 11,843). The number of stand-alone houses consented fell 1.0 percent to 21,007.

Auckland accounted for 39 percent of all new homes consented in New Zealand over the latest year (with 12,845 new homes consented in the region).

Annual Auckland home consents up 28 percent has more information.

Ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Manawatu-Whanganui Projects: PGF Top-Up To Rural Broadband Roll-Out

The government has effectively raided the $3 billion Provincial Growth Fund to top up the budget for the second phase of its rural broadband initiative, filling in mobile 'black spots' and ensuring broadband is available to marae that don't have access now. More>>

ALSO:

Other Windy Cities: Auckland-Chicago Named A Top 10 ‘Most Exciting’ New Route

The inclusion of Auckland-Chicago on Lonely Planet’s Where to fly in 2019? The 10 most exciting new flight routes list comes just two weeks before Air New Zealand prepares to celebrate its inaugural flight to Chicago’s O’Hare International Airport on 30 November. More>>

Deadly Strain: ESR Ups Its Reporting On Meningococcal Disease

The increasing number of cases of Group W Meningococcal disease (MenW) has prompted ESR to increase its reporting on the disease to the Ministry of Health. ESR has upped its reporting to weekly. More>>

ALSO:

Very Small Things: "Game-Changing" 3D Printing Technology Launched

New Zealand microfabrication researchers Andrea Bubendorfer and Andrew Best, the co-inventors of a new way of fabricating very small things with Laminated Resin Printing (LRP), are part of Callaghan Innovation’s MicroMaker3D team launching the new patent pending technology in the US this week. More>>

ALSO: