Tag: home_consents
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New Zealand Home Consents Surge 19 Percent Annually
New Zealand's annual home consents rose 19% to 39,737 by May 2026, reversing a three-year decline. Both stand-alone and multi-unit dwellings saw significant increases, though numbers are still below the 2022 peak.
BusinessEconomyReal EstateFederal Government Home ConsentsHousing MarketStats NZBuilding PermitsResidential ConstructionEconomic IndicatorsStatistics New Zealand
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New Zealand Economy Grows 0.8% Amid Rising Fuel and Electricity Costs
New Zealand's economy grew 0.8% in the March 2026 quarter, with rising GDP, new home consents, and inflation driven by electricity. Fuel prices surged due to Middle East conflict, despite earlier drops.
BusinessPolitics and GovernmentConflictEconomyFederal GovernmentMiddle EastReal EstateEnergy GDPfuel priceselectricity priceshome consentsMarch 2026 quarterStatistics New Zealand
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Multi-Unit Homes Drive Surge in New Zealand Consents
New home consents in New Zealand rose 16 percent in the year to April 2026, reaching 39,087. Multi-unit homes, including apartments and townhouses, accounted for over half of this growth, with stand-alone houses also increasing.
BusinessPolitics and GovernmentEconomyReal EstateFederal Government Home ConsentsMulti-unit HomesApartmentsTownhousesHousingStatisticsStatistics New Zealand
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New Zealand Home Consents Drop 3.8 Percent Annually
New home consents in Aotearoa New Zealand fell by 3.8% in the year to May 2025, with multi-unit homes down but stand-alone houses up. Stats NZ reports stabilization after a sharp decline.
BusinessPolitics and GovernmentAustralasiaEconomyReal EstateState Governments home consentsStats NZhousingMichelle FeyenBuilding permitsStatistics New Zealand
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New Zealand Home Consents Drop 17% in April 2025
Stats NZ reports a 17% drop in new home consents for April 2025, attributing the decline to the timing of Easter and Anzac Day holidays. Stand-alone house consents decreased by 15%.
BusinessEconomyReal EstateAustralasia Home ConsentsStats NZHousingMichelle FeyenAnzac DayEasterStatistics New Zealand