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Building Consents Issued: November 2016
Embargoed until 10:45am  –  19 January 2017
Commentary

Figures given are not adjusted for seasonal fluctuations unless otherwise stated. Values include GST and are not adjusted for inflation.

New dwelling consents reach 11-year high in November

In November 2016,  the number of new dwellings consented reached an 11-year high. A total of 2,973 new dwellings were consented:

  • 1,886 houses
  • 507 townhouses, flats, and units
  • 375 apartments
  • 205 retirement village units.

The seasonally adjusted number of new dwellings consented fell 9.2 percent in November 2016 compared with October 2016. This followed a 2.0 percent rise in October. The trend is showing signs of decreasing after reaching a 12-year high in mid-2016.

 For houses only, the seasonally adjusted number fell 7.7 percent, following a 1.4 percent fall in October. The trend has decreased slightly.

New dwellings up in 13 regions

In 13 of the 16 regions, the number of new dwellings consented in November 2016 was higher than in November 2015.

The regions with the largest movements were:

  • Auckland – up 190 (20 percent) to 1,156
  • Wellington – down 196 (60 percent) to 132
  • Canterbury – down 114 (20 percent) to 459.

Nationally, 2,973 new dwellings were consented – up 142 (5.0 percent).

In November 2016 compared with October 2016, the trend for the number of new dwellings consented was:

  • up 3.6 percent in Auckland
  • up 1.0 percent in Waikato
  • up 6.5 percent in Wellington
  • up 3.3 percent in the rest of the North Island
  • down 1.9 percent in Canterbury
  • up 4.2 percent in the rest of South Island.

Note: Trend movements, particularly for recent months, may be revised when we add future months to the series.

Non-residential building consents valued at $411 million

The value of consents for non-residential buildings in November 2016 was $411 million – down $120 million (23 percent) from November 2015. The largest contributors to the latest month’s value were:

  • offices, administration, and public transport buildings – $102 million
  • storage buildings – $79 million
  • education buildings – $58 million
  • shops, restaurants, and bars – $39 million
  • social, cultural, and religious buildings – $39 million.

Consents for all buildings total $1.6 billion

The total value of building work consented in November 2016 was $1.6 billion. This comprised $1.2 billion of residential work, and $411 million of non-residential work.

For the year ended November 2016, compared with the year ended November 2015, the value of buildings consented increased for:

  • all buildings – up $2.4 billion (15 percent) to $19 billion
  • residential buildings – up $2.2 billion (21 percent) to $13 billion
  • non-residential buildings – up $185 million (3.2 percent) to $6 billion.

Graph, Value of buildings consented, including alterations and additions, year ended November 2012 to 2016.

Data for building consents is obtained from all territorial authorities in New Zealand.

Find data tables

For more detailed data, see the Excel tables in the 'Downloads' box.

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