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Building Consents Issued: September 2013
Embargoed until 10:45am  –  31 October 2013
Commentary

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

Monthly new dwelling trends easing

In September 2013:

  • 1,860 new dwellings were consented, including 156 apartments. Ninety-seven of the apartments were retirement village units.
  • 1,704 new non-apartment dwellings were consented.
  • The seasonally adjusted number of new dwellings, including apartments, rose 1.4 percent.
  • The seasonally adjusted number of new dwellings, excluding apartments, rose 2.6 percent.

The monthly trend for new dwellings, excluding apartments, is easing. It is at its highest level since March 2008, and is 66 percent higher than the most recent low point in March 2011. The trend is still 29 percent below the series maximum in September 2003.

The monthly trend for new dwellings, including apartments, is also easing. It is 70 percent higher than the series minimum in March 2011, but is still 38 percent below the series maximum in January 2004.

Graph, Trend for new dwellings consented, monthly.

The quarterly trends are still increasing.

Trend figures, particularly for the latest periods, may be revised whenever a new month or quarter is added to the series.

Number of new dwellings up from 2012 in most regions

Thirteen of the 16 regions consented more new dwellings, including apartments, in September 2013 than in September 2012.

The greatest regional changes were:

  • Canterbury, up 203 to 599
  • Otago, up 47 to 109
  • Waikato, up 33 to 198
  • Auckland, up 31 to 489.

The changes in regional apartment numbers from September 2012 to September 2013 were:

  • Auckland, down 77 to 44
  • Canterbury, up 64 to 101
  • Wellington, down 17 to 11.

Apartment numbers usually fluctuate from month to month.

Graph, New dwellings consented, by region, September month.

Highest recorded number of new dwellings in Canterbury

In Canterbury, 599 new dwellings, including 101 apartments, were consented in September 2013. This is the highest number on record for Canterbury. It includes:

  • 309 new dwellings in Christchurch – the highest number on record for Christchurch city and the former Banks Peninsula district
  • 120 new dwellings in Selwyn
  • 115 new dwellings in Waimakariri.

The current Canterbury series begins in April 1990. The previous Canterbury series, which is comparable, begins in April 1976.

The Christchurch, Selwyn, and Waimakariri series began in April 1990.

Non-residential building work valued at $342 million

The value of non-residential building work consented in September 2013 was $342 million. The largest contributors, by value, were:

  • offices and administration buildings, $78 million (23 percent of all non-residential buildings)
  • shops, restaurants, and taverns, $55 million (16 percent)
  • factories and industrial buildings, $53 million (15 percent)
  • education buildings, $50 million (15 percent).

Graph, Value of non-residential buildings consented, by building type (including alterations and additions), September month.

Canterbury earthquake-related consents worth $60 million in September

Since 4 September 2010, $1,283 million of building consents have been identified as earthquake-related. This includes consents for 1,101 new dwellings, including apartments.

In September 2013, the value of building consents identified as earthquake-related in Canterbury was $60 million. This included:

  • 42 new dwellings
  • $29 million of residential building work
  • $30 million of non-residential building work.

See more about earthquake-related building consents in Canterbury

Value of all buildings over $1 billion

The total value of building work consented in September 2013 was $1,057 million.

Graph, Value of buildings consented, including alterations and additions, monthly. Graph, Value of buildings consented, including alterations and additions, year ended September.

For the year ended September 2013, compared with the year ended September 2012, the value of building consents increased for:

  • all buildings, up $1,955 million (20 percent) to $11,610 million
  • residential buildings, up $1,522 million (26 percent) to $7,394 million
  • non-residential buildings, up $433 million (11 percent) to $4,216 million.

Quarterly trends for value of building work increasing

In the September quarter, the total values of consented building work were:

  • all buildings, $3,196 million (the highest ever)
  • residential buildings, $2,091 million (the highest ever)
  • non-residential buildings, $1,105 million.

In the September quarter, the seasonally adjusted movements in the value of consented building work were:

  • all buildings, down 1.5 percent
  • residential buildings, up 2.4 percent
  • non-residential buildings, down 6.6 percent.

The quarterly trends for the value of consented building work are all increasing:

  • all buildings, at the highest ever level, up 55 percent from the most recent low point in the June 2011 quarter
  • residential buildings, at the highest ever level, up 75 percent from the most recent low point in the June 2011 quarter
  • non-residential buildings, up 20 percent from the most recent low point in the June 2012 quarter.

The values of building work are not adjusted for inflation.

Graph, Value of non-residential buildings consented, including alterations and additions, quarterly.

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

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

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