According to Stats NZ, another record of 47,715 new homes were consented in the year ended October 2021.
“The annual number of new homes consented has been setting new records since March 2021 when the previous high (in the year ended February 1974) of 40,025 was surpassed for the first time,” says Michael Heslop, Construction Statistics Manager, Stats NZ.
Again Auckland saw the highest number of new consents at 19,936 (up 27%), followed by 7,500 in Canterbury (up 31%), 4,956 in Waikato (up 23%) and 3,483 in Wellington (up 14%).
Looking at commercial consents, the value of non-residential building consents surpassed $8 billion for the first time, driven by strong demand for education and industrial buildings.
For a full summary of October's building consents please read the release from NZ Stats.
Image: Stats NZ