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Building Consents Issued: February 2011
Embargoed until 10:45am  –  30 March 2011
Commentary

Building consent values include goods and services tax (GST), which increased from 12.5 percent to 15 percent from 1 October 2010. It is not possible to separate the impact of this change on building consent statistics.

Figures given are unadjusted unless otherwise stated.

Residential buildings

In February 2011, compared with February 2010, consents were issued for:

  • 973 new dwelling units, including apartments, down 29 percent
  • 884 new dwelling units, excluding apartments, down 35 percent
  • 89 new apartment units, up 76 units.

Consents for apartments accounted for 9.1 percent of the number of new dwellings authorised in February 2011, compared with a monthly average of 6.4 percent for the previous 12 months. Apartment numbers can vary considerably from month to month.

The seasonally adjusted number of new dwellings authorised (including and excluding apartments) fell in February 2011 – this follows similar sized rises in January 2011, and larger falls in December 2010. The trends for both series continue to decline:

  • The trend for the number of new dwellings authorised, including apartments, has declined 26 percent since the latest peak in April 2010.
  • The trend for the number of new dwellings authorised, excluding apartments, has declined 31 percent since the latest peak in March 2010. 

 Graph, New dwellings authorised, including apartment units, monthly, 2003–11.

The value of residential building consents was $389 million in February 2011, down 20 percent compared with February 2010. The trend has been declining since April 2010 – falling 21 percent since then.

Regional residential results

Fewer new dwelling units were authorised in 14 of New Zealand’s 16 regions in February 2011 compared with February 2010. In February 2011, numbers fell by 254 units (27 percent) in the North Island and by 148 units (34 percent) in the South Island.

The three regions with the largest decreases from February 2010 were:

  • Canterbury, down 101 units to 148 (it is not possible to say how much of this fall is due to the earthquake on 22 February, but all consents authorised during the month have been included)
  • Waikato, down 59 units to 107
  • Northland, down 53 units to 42. 

 Graph, New dwellings authorised, by region, monthly, 2009–11.

In Canterbury, 16 consents relating to the previous earthquakes were identified, including three new dwellings. The total value of these 16 consents was $2.6 million.

Building consents are often used as an early indicator of building activity. The extent of the damage to Christchurch and surrounding areas following the earthquake on 22 February means the relationship between consents and activity may change, even at the national level.

Changes to Auckland region

On 1 November 2010, the new Auckland Council came into being. This council replaces both the former Auckland Regional Council and all or part of seven territorial authorities – all the North Shore, Waitakere, Auckland, and Manukau cities, the Rodney and Papakura districts, and part of the Franklin district, are included in the new council area.

Changes in the boundaries for the Auckland region (and Waikato region) are included in the data in this release. For more information, see Building Consents Issued: November 2010.

Non-residential buildings

The value of non-residential building consents was $257 million in February 2011, down 19 percent compared with February 2010. Six of the 11 building types recorded decreases in value.

The building types with the largest decreases from February 2010 were:

  • social, cultural and religious buildings, down $26 million
  • education buildings, down $25 million
  • offices and administration buildings, down $22 million.

 Graph, Value of non-residential buildings authorised, by building type (including alterations and additions), monthly, 2009–11.

The three largest contributors to the value of non-residential building consents authorised for February 2011 were:

  • offices and administration buildings, at 17 percent
  • shops, restaurants and taverns, at 16 percent
  • education buildings, at 16 percent.

All buildings

In the February 2011 month, the value of consents issued for all buildings was $645 million, down 19 percent compared with February 2010.

 Graph, Monthly values, including alterations and additions, 2008–11.    Graph, Annual values, including alteration and additions, year ended February, 2009–11.

 

For the year ended February 2011, compared with the year ended February 2010, the total value of consents issued for:

  • all buildings was $9,117 million, down $499 million (5.2 percent)
  • residential buildings was $5,408 million, up $113 million (2.1 percent)
  • non-residential buildings was $3,709 million, down $612 million (14 percent). 
     

For technical information contact: 
Ken Smart or Clara Eatherley
Wellington 04 931 4600
Email: info@stats.govt.nz

Next release ...

Building Consents Issued: March 2011 will be released on 4 May 2011.

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