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Almost 33,000 homes consented in November year - Stats NZ

Contributor:
Fuseworks Media
Fuseworks Media

Almost 33,000 new homes were consented in the year ended November 2018, up 5.3 percent from the November 2017 year, Stats NZ said today.

Auckland drove the increase in new homes consented, followed by Wellington. A total of 32,783 new homes were consented in the year ended November 2018.

"Stand-alone houses accounted for nearly two-thirds of new homes consented in the year ended November," construction statistics manager Melissa McKenzie said. "We saw a sustained increase in apartments, as well as townhouses, flats, and units, particularly in Auckland."

In the Auckland region, 12,800 new homes were consented in the year ended November 2018, down slightly from 13,078 in the year ended October 2018.

The number of new homes consented fell a seasonally adjusted 2.0 percent in the November month, following a 1.4 percent increase in October.

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