new homes
The average construction cost of new homes is now just under $450,000 - excluding land
Fewer new homes are being built but the cost of building them keeps rising
Almost 1500 new homes were completed in Auckland in May
New dwelling consents declined 30% in April compared to March
New housing boom continues with nearly 49,000 new homes consented in 2021
Almost 48,000 new homes consented in the year to October, nearly 20,000 of them in Auckland
New homes are being consented at a record pace suggesting no slowdown in supply
New dwelling consents surge in August, particularly in Auckland and Canterbury
ASB launches a home loan for new-builds with a 1.79% floating interest rate, using cheap RBNZ funding. In addition it is offering a cash incentive if the new home has a high energy efficiency rating
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ASB launches a home loan for new-builds with a 1.79% floating interest rate, using cheap RBNZ funding. In addition it is offering a cash incentive if the new home has a high energy efficiency rating
More than half the new homes consented last year were stand alone houses, less than 10% were apartments
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More than half the new homes consented last year were stand alone houses, less than 10% were apartments
Residential construction continues to rocket ahead but non-residential construction is still a bit slow
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Residential construction continues to rocket ahead but non-residential construction is still a bit slow
More than a 1000 new homes a month were built in Auckland in the year to November and the numbers are rising
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More than a 1000 new homes a month were built in Auckland in the year to November and the numbers are rising
New dwelling consents particularly strong in Auckland although there's been a slide in the number of retirement village units being consented
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New dwelling consents particularly strong in Auckland although there's been a slide in the number of retirement village units being consented
The number of new homes being built in Auckland has increased by 63% over the last two years
Good news for Aucklanders with the number of new dwelling consents up and average values falling, suggesting a shift towards more affordable new housing
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Good news for Aucklanders with the number of new dwelling consents up and average values falling, suggesting a shift towards more affordable new housing