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30 July 2012

Canterbury Leads Building Consents for June

Statistics NZ released today that for the year ended June 2012, compared with the year ended June 2011, the value of national consents for:

  • All buildings increased $598 million (6.9%) to $9,235 million
  • Residential buildings increased $591 million (12%) to $5,523 million
  • Non-residential buildings increased $8 million (0.2%) to $3,712 million.

The 28 percent national increase in new dwelling consent numbers for the June 2012 month, compared with June 2011, was virtually all in the South Island and Wellington. The number of new dwellings consented in the South Island increased by 241 (83%) and by just 41 (6%) in the North Island.

Within the South Island, the increase in the number of new dwelling consents was concentrated in Canterbury, up 163 (123%), and Otago, up 60 (94%) although the majority of dwelling consents in Canterbury region continued to be outside Christchurch city.

Canterbury earthquake-related consents total $45 million in June

Canterbury consents identified as being earthquake-related totalled $45 million in June 2012, the third-highest monthly total since the Canterbury earthquakes began in September 2010. This result compared with:

  • $47 million in May 2012
  • $28 million in April 2012
  • $28 million in March 2012
  • $41 million in February 2012.

Of the $45 million recorded for June, $26 million was for non-residential buildings, and $19 million was for residential buildings (including 27 new dwellings).

Non-residential building value increases

In June 2012, the value of non-residential building consents was $256 million, up $18.4 million (7.7%) compared with June 2011.

Six of the 11 building types increased in value. The largest changes were:

  • Factories and industrial buildings, up $13 million (37%)
  • Hospitals and nursing homes, up $7.6 million (62%)
  • Social, cultural, and religious buildings, up $5.7 million (19%).

I have attached a full overview from Statistics NZ with a more detailed summary.

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