Four Per Cent with Simon Cator building industry insight icon2

New Housing Consents Up in Canterbury

by Simon Cator

Statistics New Zealand announced today that new housing consents have continued to rise in Canterbury, reaching 444 in March 2013. While there were record highs in Canterbury, the number of houses consented nationaly fell in March.

simon cator 2 Simon Cator

The NZ construction industry generates four per cent of national GDP. Simon reports on the latest building statistics to reveal growth projections.

While there were record highs in Canterbury, the number of new houses consented nationally fell in March, compared with March 2012, with 16 new apartments.  This is the lowest monthly number of apartments since February 2012, although numbers continue to vary a lot from month to month.

"If we look at the long term picture, the trend for new house numbers has been positive for two years," said Industry and Labour Statistics Manager Blair Cadno, "but the rate of growth has slowed in recent months."

Here are the March 2013 numbers compared with March 2012.

Housing Consent Numbers

  • 1,475 new houses, including apartments (↓5.4%)
  • 1,459 new houses, excluding apartments (↑4.7%)
  • 16 new apartments (↓90%)

New Dwellings Numbers Down In Most Regions

  • Auckland (↓24%)
  • Wellington (↓33%)
  • Bay of Plenty (↓34%)
  • Otago (↓26%)

Prisons Boost Non-residential Building Growth

The value of non-residential building consents increased by $62 million to $365 million this month, compared with March 2012.  The largest change was a $128 million increase in hostels and boarding houses, boosted by work on prisons in the Auckland region.

Other Increases

  • Office and administration buildings (↑15%)
  • Storage buildings (↑22%)

Canterbury Earthquake Related Building Consents

The value of Canterbury earthquake-related building consents in March was $51 million, following $36 million in February and $60 million in January.

comments powered by Disqus