Auckland is on track to exceed its first-year housing target by almost 1300 dwellings and sections.
The Auckland housing accord allows for the creation of special housing areas by the council with the approval of the Government.
Developments in the identified areas are able to be streamlined and fast-tracked.
Statistics New Zealand figures show that building consents for Auckland in the year to last month were higher than in any 12-month period since the year to February 2007.
For the year to April 2014, there was a 41 per cent increase in the number of issued consents compared with the year before and a 24 per cent increase since March.
The numbers are supported by a report from the Auckland Council and the Ministry of Business, Innovation and Employment (MBIE) released this afternoon that shows Auckland is on track to exceed its first-year housing accord target by almost 1300 dwellings and sections.
The report covers the first six months of the accord, from October 2013 to March 2014.
It shows the net number of sections created and dwellings consented in Auckland at 5134, more than half the first-year target of 9000.
This includes sections and dwellings created in "special housing areas", of which 63 have been established in three areas in Auckland.
Special housing areas will result in an estimated 10,000 new homes or sections approved over the next three years.
When combined with the housing accord, this will result in an additional 39,000 new dwellings and sections consented by September 2016.
Housing Minister Nick Smith said he was encouraged by the progress.
"We are rezoning areas at an unprecedented pace and this will bring thousands of more homes on-stream," he said.
The figures showed the land-supply reforms were working, he said.
Auckland Mayor Len Brown said the report showed the pace of building was picking up in Auckland, driven by strong demand and a buoyant economy.
The council had supported this by processing consents in record time, Brown said.
- This story has been corrected