Apartments boost housing consents

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

Relevant offers

Industries

2degrees may have rung up first profit Elon Musk launches company to merge human brains with computers Venison exporters size up German market for Cervena Who would gain from a Trump border wall? Hint: Not Mexico Don't expect one belt, one road to fix infrastructure: NZ China Council Mediaworks radio head Wendy Palmer to leave broadcaster On The Rocks Now delivers cigarettes in under one hour Brad Markham: Palm kernel affects milk - and farmers need to reduce reliance on it Chart of the day: How many plumbers will there be in Auckland? Dam consent but no water for Canterbury deer park

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