Apartments boost housing consents

Last updated 13:55 09/01/2014

Relevant offers


Commerce Commission receives dozens of complaints about controversial telco He bought for $18 - and owned it for a minute Fairfax Media's property moves No place like home for MYOB manager James Scollay Hire Plants powering property purchases Forestry company to pay $130,000 over death of Tokoroa worker Rocket Lab signs deal with Moon Express Financial Markets Authority recovers $51m for investors, insists it isn't court-shy Bachcare shows the how an SME proposition can take off Job cuts confirmed at NZ Steel

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