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Non-residential building bolsters consents
Embargoed until 10:45am  –  14 January 2009

Building Consents Issued: November 2008  –  Media Release

Building consent statistics show the number of new housing units authorised remains at a low level, with 1,168 units authorised in November 2008, Statistics New Zealand said today. This is the lowest monthly total since January 1992.

Excluding apartments, there were 1,052 new housing units authorised in November 2008, the lowest monthly total since the series began in January 1990.

In November 2008, the seasonally adjusted number of authorised new housing units (excluding apartments) fell 4.0 percent compared with October 2008.

For the year ended November 2008, compared with the previous November year, the authorised number of new housing units (including apartments) fell 26 percent, to 19,068 units. This is the lowest annual total since the April 1994 year.

For the year ended November 2008, the value of consents issued for residential buildings fell $1,462 million (19 percent), while the value for non-residential buildings rose $272 million (6.5 percent), compared with the year ended November 2007

Geoff Bascand 14 January 2009
Government Statistician

END

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Kathy Connolly
Christchurch 03 964 8700
Email: info@stats.govt.nz.

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