Apartments boost housing consents

RICHARD MEADOWS
Last updated 13:55 09/01/2014

Relevant offers

Industries

‘Ransomware’ scare for Christchurch law firm Cavell Leitch Reefton braces for loss of local goldmine Business Hall of Fame: The glittering event John Sax: the ethical property magnate Finance diary High court bid in wings to shed light on TPP talks Inland port at Rolleston means more freight for Timaru Port of Tauranga opens its Canterbury inland port Windows 10 uses customers' computers to distribute updates Why faking your CV is a popular pastime

The number of apartments that received building consents last November was the highest in almost five years, leading to an 11 per cent rise for new dwellings overall.

The seasonally adjusted Statistics New Zealand figures, released today, show that excluding apartments, the number of new houses approved fell 0.5 per cent.

In unadjusted terms, 1775 new houses and 492 apartments were given consents in November.

Statistics New Zealand industry and labour statistics manager Blair Cardno said: "The trend for new houses has been increasing since early 2011 and is at its highest level since early 2008."

Auckland had 34 per cent of the consented dwellings in November, while Canterbury accounted for 24 per cent.

The value of all building work consented was $1.09 billion.

Earthquake-related consents in Canterbury contributed $40 million towards that total and included 64 new houses.

Ad Feedback

- Fairfax Media

Special offers

Featured Promotions

Sponsored Content