Source: Statistics New Zealand
01 May 2018, 10:45am – The number of new homes consented rose a seasonally adjusted 15 percent in March 2018, boosted by apartments, townhouses, and other multi-unit projects, Stats NZ said today.
In actual terms, 2,926 new homes were consented nationally in March, with 1,082 in Auckland. The Auckland number included 492 stand-alone houses; 361 apartments; 221 townhouses, flats, and units; and 8 retirement village units.
“About three-quarters of the new apartments consented in March were in Auckland, boosted by three large projects,” construction statistics manager Melissa McKenzie said. “National new-home numbers continue to fluctuate month to month due to apartments and other large projects.”
Stand-alone houses still accounted for 60 percent of all new homes consented across the country in March. In seasonally adjusted terms, new stand-alone house numbers edged up 0.1 percent compared with February 2018.
In the 12 months ended March 2018, 31,392 new homes were consented, up 2.5 percent on the year ended March 2017. Over the same period, apartment numbers rose 28 percent and townhouses, flats, and units rose 15 percent. Stand-alone houses fell 2.6 percent and the number of retirement village units consented fell 5.1 percent.
In Auckland, 11,192 new homes were consented in the year ended March 2018, up 9.7 percent compared with the previous March year.