Otago Property Investors Association Inc

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otago@nzpif.org.nz

News & Updates

Recent updates

27-02-2015

Building consents up in January

The number of new dwellings consented was 3.6 percent higher in January 2015, compared with January 2014, Statistics New Zealand said today. Excluding apartments, this number was 6.8 percent lower.

A total of 1,703 new dwellings were consented in January 2015 (including 314 apartments).

The regions that consented the most new dwellings were:

  • Auckland – 482 (including 112 apartments)
  • Canterbury – 467 (including 42 apartments)
  • Waikato – 180 (including 72 apartments).

"The trend for new dwellings is rising and is at its highest level since July 2007. Excluding apartments, the trend is flat," business indicators manager Neil Kelly said.

The seasonally adjusted number of new dwellings consented decreased 3.8 percent in January 2015. Excluding apartments, this number fell 7.5 percent.

In unadjusted terms, nearly $1 billion of building work was consented in January – $645 million of residential work and $351 million of non-residential work.

Data for building consents is obtained from all territorial authorities.

We are changing what building consents statistics we publish. See Changes to our time series and classifications in the Data quality section of the information release.

Ends

Tags: building consent

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