The annual rate of building consents for new homes fell just short of 33,000 in December, but surged over it in January.
Building consents for the retail & hospitality sector climbed while consents for office buildings tumbled in 2018, Statistics NZ’s December construction figures show. Likewise in residential, standalone homes’ share of new-build consents has been declining.
Consents for new homes in Auckland have topped 1000 for the 7th time in 8 months and taken the region’s annual consent rate over 13,000 for the first time since the early 1970s, when the population was half the 1.696 million now.
A record 6059 new townhouses, flats & units were consented to be built in the September year, up 29% on the previous year’s 4694.
Building consents were issued for a record 12,959 new homes in Auckland in the year to August, 22 more than in the June 2004 year.
Auckland played a superstar role with a leap to record levels of new housing consents in July, and for the July year.