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Building Consents Issued: September 2014
Embargoed until 10:45am  –  31 October 2014
Commentary

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

Dwelling consent trends showing signs of decreasing

In September 2014, 1,985 new dwellings were consented, comprising:

  • 262 apartments, including 121 retirement village units
  • 1,723 non-apartment dwellings.

Including apartments, the seasonally adjusted number of new dwellings fell by 12 percent.

Excluding apartments, the seasonally adjusted number of new dwellings fell by 10 percent.

The trend for the number of new dwellings, including apartments, was previously at its highest level since August 2007, but is now showing signs of decreasing. However, this trend may be revised in future months. The trend is up 91 percent from the series minimum in March 2011, but is still 31 percent below the series peak in January 2004.

Excluding apartments, the trend for the number of new dwellings was previously at its highest level since November 2007, but has now decreased slightly. The trend is up 83 percent from the most-recent low point in March 2011, but is still 22 percent below the series peak in September 2003.

Graph, Trend for new dwellings consented, monthly, September 2007 to September 2014.

Number of consented dwellings up in eight of the 16 regions

Eight of the 16 regions consented more new dwellings, including apartments, in September 2014 than in September 2013.

The regions with the largest increases were:

  • Wellington – up 95, to 193 (including 89 more apartments)
  • Auckland – up 47, to 537 (including 15 more apartments).

The regions with the largest decreases were:

  • Waikato – down 36, to 162
  • Canterbury – down 20, to 579 (including 13 fewer apartments).

Apartment numbers usually fluctuate from month to month.

Graph, New dwellings consented, including apartments, September month, by region, 2012 to 2014.

Non-residential consents valued at $484 million in September

The value of non-residential building work consented in September 2014 was $484 million. The regions that contributed the most to this value were:

  • Auckland – $189 million
  • Canterbury – $105 million (including $93 million in Christchurch city)
  • Wellington – $52 million (including $40 million in Wellington city).

The building types with the highest total consent values were:

  • education buildings – $141 million
  • offices and administration buildings – $84 million
  • shops, restaurants, and taverns – $69 million.

Graph, Value of non-residential buildings consented, by building type (including alterations and additions), September month 2012 to 2014.

Canterbury earthquake-related consents total over $2.2 billion

Since 4 September 2010, $2,245 million of building consents have been identified as earthquake-related. This includes consents for 2,505 new dwellings.

Not all earthquake-related consents can be identified. For comparison, total figures for Canterbury from September 2010 to September 2014 were:

  • $10,361 million of building consents
  • 18,228 new dwellings consented.

Graph, Value of building consents in Canterbury, including alterations, additions, and non-building construction, monthly, September 2007 to September 2014.

In September 2014, the value of consents identified as earthquake-related in Canterbury was $96 million (of a total of $329 million for Canterbury). This included:

  • 150 new dwellings (of a total of 579)
  • $71 million for residential building work (of $222 million)
  • $25 million for non-residential building work (of $105 million).

See more about earthquake-related building consents in Canterbury

Consents for all buildings total almost $1.3 billion in September

The total value of building work consented in September 2014 was $1,262 million – comprising $778 million of residential work, and $484 million of non-residential work.

For the year ended September 2014, compared with the year ended September 2013, the value of building consents increased for:

  • all buildings – up $2.5 billion (21 percent) to $14.1 billion
  • residential buildings – up $1.8 billion (24 percent) to $9.2 billion
  • non-residential buildings – up $0.7 billion (16 percent) to $4.9 billion.

Graph, Value of buildings consented, including alterations and additions, year ended September 2010 to 2014.

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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