According to Stats NZ, August saw a record 46,453 new homes consented in the year ended August 2021, lead again by Auckland’s new home numbers which rose 34%. This includes a 56% increase in the number of multi-unit homes consented compared with the year ended August 2020.
Nationally, there were 21,164 multi-unit homes consented in the year ended August 2021, compared to 25,289 new stand-alone houses. In Auckland, there were 12,972 multi-unit homes and 6,957 stand-alone houses consented in the year ended August 2021.
School & industrial building drove strong non-residential consents to remain above $7.5B.
Image: Stats NZ