Building consents at 6-year high

HAMISH MCNICOL
Last updated 11:56 30/01/2014

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A large increase in new dwellings in Auckland and Christchurch drove 2013 consents to a six-year high, with $12.1 billion spent on building work last year.

Last year, 21,300 new dwellings were consented, up 26 per cent from 2012, Statistics New Zealand figures showed today.

Statistics New Zealand industry and labour statistics manager Clara Eatherley said last year's number of new dwellings was the highest since 2007.

She said the rise was mainly driven by increases in Auckland and Canterbury, which were up 38 per cent and 43 per cent respectively from 2012.

The total value of building work consented last year was up 20 per cent to $12.1b.

Of this amount, $7.9b was spent on residential work, up 28 per cent from 2012.

Last month, 2035 new dwellings were consented, including 473 apartments.

Eatherley said many apartments were consented in Auckland last month, as well as a high number of houses in Christchurch.

The December consents figure was 7.6 per cent up on November.

The trend for new dwellings, excluding apartments, is at its highest level since February 2008, and is 73 per cent higher than the most recent low point in March 2011.

Wellington and Waikato also had a large increase in building consents last year, rising 27 per cent and 24 per cent respectively from 2012.


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- Fairfax Media

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