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Building Consents Issued: January 2010
Embargoed until 10:45am  –  26 February 2010
Commentary

Residential buildings

In January 2010, consents were issued for:

  • 1,042 new dwelling units, including apartments
  • 1,000 new dwelling units, excluding apartments
  • 42 new apartment units (28 were assisted-living apartments associated with a retirement village).

Excluding apartments, the seasonally adjusted number of new dwellings authorised in January 2010 rose 0.7 percent, after falling 3.9 percent in December 2009. The trend has been increasing since March 2009, but remains at a low level, and the rate of increase is showing signs of easing in recent months.

Including apartments, the seasonally adjusted number of new dwellings authorised in January 2010 fell 2.8 percent, after falling 3.5 percent in December 2009. The trend has been increasing since the low in January 2009, but remains at a low level, and the rate of increase is showing signs of easing in recent months.

 Graph, New dwellings authorised, including apartment units, 2002–10.

 

Apartments contributed 4.0 percent to the number of new dwellings in January 2010, compared with a monthly average of 10 percent for the previous 12 months. Apartment numbers can vary considerably from month to month. 

The value of residential building consents was $380 million in January 2010, 15 percent higher than in January 2009. The trend has increased since April 2009, following falls that began in July 2007. The level is now similar to the levels seen in mid-2008.

Regional residential results

More new dwelling units were authorised in 10 of New Zealand’s 16 regions in January 2010 compared with January 2009. The number of dwelling units authorised in January 2009 was the lowest since the series began in April 1965. In January 2010, numbers rose by 169 units (31 percent) in the North Island and by 61 units (24 percent) in the South Island. 

The regions with the largest increases were:

  • Canterbury, up 68 units (61 percent) to 180
  • Auckland, up 58 units (31 percent) to 244
  • Northland, up 32 units (80 percent) to 72 (due to 28 assisted-living apartments).

Regions with fewer units authorised were Marlborough, Tasman, Otago, Wellington, Gisborne, and West Coast all with decreases of 9 units or less.

 Graph, New dwellings authorised, by region, 2008–10.

Non-residential buildings

The value of non-residential building consents was $223 million in January 2010, a 39 percent decrease compared with January 2009. This is the lowest value since April 2006. Ten of the 11 building types recorded decreases in the value of consents compared with January 2009.

The largest decreases were:

  • offices and administration buildings, down $68 million
  • shops, restaurants, and taverns, down $28 million.

The offices and administration buildings category and the shops, restaurants, and taverns category both had higher than usual values in January 2009.

In January 2010, social, cultural, and religious buildings was the only building type to show an increase, up $10 million.

   Graph, Value of non-residential buildings authorised, by building type (including alterations and additions), 2008–10.

The three largest contributors to the value of non-residential building consents authorised for January 2010 were:

  • shops, restaurants, and taverns, at 22 percent
  • offices and administration buildings, at 21 percent
  • education buildings, at 16 percent. 

Non-residential trend series

The monthly trend series for the value of non-residential buildings has been removed from the tables and Infoshare for further analysis. The series is estimated after the removal of consents valued at $25 million or more and Statistics New Zealand is reviewing this practice. The monthly series is available on request. A quarterly trend series for the value of non-residential buildings is available.

All buildings

In January 2010, the value of consents issued for all buildings was $602 million, a 13 percent decrease compared with January 2009. This is the lowest value since January 2003.

 Graph, Monthly values, including alterations and additions, 2007–10.    Graph, Annual values, including alterations and additions, year ended January, 2008–10.

 

For the year ended January 2010 compared with the year ended January 2009, the total value of consents issued for:

  • all buildings was $9,555 million, down $1,034 million (10 percent)
  • residential buildings was $5,168 million, down $855 million (14 percent)
  • non-residential buildings was $4,387 million, down $179 million (3.9 percent).

For technical information contact: 
Clara Eatherley or Tehseen Islam
Christchurch 03 964 8700
Email: info@stats.govt.nz

Next release ...

Building Consents Issued: February 2010 will be released on 30 March 2010.

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