Building Consents

Fewer new shops and warehouses being developed as build costs remain high

Fewer new shops and warehouses being developed as build costs remain high

A total of 15,668 fewer new homes a year are being consented compared to two years ago

A total of 15,668 fewer new homes a year are being consented compared to two years ago

Value of building work for new housing dropped almost $5 billion last year versus 2022 peak

Value of building work for new housing dropped almost $5 billion last year versus 2022 peak

Fewer homes are being built and they are taking longer on average to be completed

Fewer homes are being built and they are taking longer on average to be completed

The number of new homes being consented has declined by a third over the last two years

The number of new homes being consented has declined by a third over the last two years

Annual value of new residential construction being consented down $5b over the last two years

Annual value of new residential construction being consented down $5b over the last two years

Consents for new office buildings sank to a 32-year low in Q3, new factory consents at a record low

Consents for new office buildings sank to a 32-year low in Q3, new factory consents at a record low

More houses and retirement units being consented but fewer apartments and townhouses

More houses and retirement units being consented but fewer apartments and townhouses

New homes being consented down 17,000 a year compared to two years ago

New homes being consented down 17,000 a year compared to two years ago

Councils seem about to lose their monopoly to issue building consents

Councils seem about to lose their monopoly to issue building consents

Auckland's residential building downturn is likely to get a lot worse

Auckland's residential building downturn is likely to get a lot worse

Tough times are getting tougher for the building industry as fewer and fewer new homes are being consented

Tough times are getting tougher for the building industry as fewer and fewer new homes are being consented

Building consent numbers jumped in July but the long term trend is still declining

Building consent numbers jumped in July but the long term trend is still declining

Building costs stabilising except for retirement units, the average size of stand alone houses is shrinking

Building costs stabilising except for retirement units, the average size of stand alone houses is shrinking

Total annual value of building work on new homes down nearly $5 billion over the last two years

Total annual value of building work on new homes down nearly $5 billion over the last two years

The Minister for Building and Construction is concerned that building inspection capacity won't be able to meet industry demand when construction picks up again

The Minister for Building and Construction is concerned that building inspection capacity won't be able to meet industry demand when construction picks up again

The number of new homes being consented continues on a downward spiral, Statistics NZ figures show

The number of new homes being consented continues on a downward spiral, Statistics NZ figures show

The number of new homes being built in Auckland is likely to decline by more than 25% over the next two years

The number of new homes being built in Auckland is likely to decline by more than 25% over the next two years

Fewer new homes are being built but the cost of building them keeps rising

Fewer new homes are being built but the cost of building them keeps rising

Residential building industry crunch looming as building consent numbers plummet

Residential building industry crunch looming as building consent numbers plummet

New dwelling consents declined by a quarter in the year to February, Statistics NZ says

New dwelling consents declined by a quarter in the year to February, Statistics NZ says

Housing do-ups, extensions and major alteration work has steadily declined over the last two years

Housing do-ups, extensions and major alteration work has steadily declined over the last two years

Building consents for new housing sink to their lowest level in five years, Statistics NZ says

Building consents for new housing sink to their lowest level in five years, Statistics NZ says

Number of new homes being consented down 36% in just over two years

Number of new homes being consented down 36% in just over two years

There's a looming crunch coming for the residential construction industry as new dwelling consents continue to tumble

There's a looming crunch coming for the residential construction industry as new dwelling consents continue to tumble