Search

Search News Search Questions

News > Property Management > Economists think building boom will last

Property Management

Economists think building boom will last

The building industry had a bumper month in November and economists are predicting it will continue in to 2004.

Friday, January 09th 2004

Statistics New Zealand today confirmed the 3032 consents for new dwellings issued in November easily trumped the 2399 for October and 2342 for September.

Residential buildings accounted for 70 per cent of the $861 million worth of consents issued in November.

The number of consents issued in November was the greatest for that month since 1973, Statistics NZ said in a statement

Read More - Opens in a new window

Next Article

Himatangi house prices head skyward

Most Read

See more News >

Top Mortgage Rates

Unity First Home Buyer special 4.29
SBS FirstHome Combo 4.29
China Construction Bank 4.85
Co-operative Bank - First Home Special 4.85
ICBC 4.85
Kiwibank Special 4.89
Westpac Special 4.89
BNZ - Std 4.89
SBS Bank Special 4.95
AIA - Go Home Loans 4.95
Co-operative Bank - Owner Occ 4.95
Nelson Building Society 4.93
ICBC 4.95
AIA - Go Home Loans 4.95
Wairarapa Building Society 4.95
TSB Special 4.95
ANZ Special 4.95
ASB Bank 4.95
SBS Bank Special 4.95
Westpac Special 4.95
China Construction Bank 4.95
Kiwibank Special 4.95
SBS Bank Special 5.39
ICBC 5.39
Westpac Special 5.39
BNZ - Classic 5.59
BNZ - Std 5.59
Co-operative Bank - Owner Occ 5.59
ASB Bank 5.69
AIA - Go Home Loans 5.69
Kiwibank Special 5.79
Kainga Ora 5.79
ANZ 5.79
SBS Construction lending for FHB 3.94
AIA - Back My Build 4.44
CFML 321 Loans 4.99
Co-operative Bank - Standard 5.95
Co-operative Bank - Owner Occ 5.95
Heartland Bank - Online 5.99
Kiwibank - Offset 6.35
Kiwibank 6.35
TSB Special 6.39
China Construction Bank Special 6.44
ASB Bank 6.44

Full Rates Table

More Stories

Four decades of 6-7% yearly house price growth ending

Friday, March 21st 2025

Four decades of 6-7% yearly house price growth ending

New Zealander’s reliance on property capital gains in the mid-single digits is at an end.

[TMM Podcast] Yelsa serves up “marine reserve” of property buyers

Friday, January 31st 2025

[TMM Podcast] Yelsa serves up “marine reserve” of property buyers

It’s been years in the making and former real estate agent Mike Harvey is now coming to market with his platform matching buyers and sellers, an offering he says will be a gamechanger for the industry.

Leaving last year's stumbling housing market behind

Friday, January 17th 2025

Leaving last year's stumbling housing market behind

As interest rates ease and job losses climb, New Zealand’s housing market faces a mixed year of modest growth, with conflicting forces shaping the outlook for homebuyers and investors.

Don’t bet on house prices rising faster than incomes

Wednesday, January 15th 2025

Don’t bet on house prices rising faster than incomes

Former Reserve Bank Governor and National Party leader Don Brash says there are grounds for believing that house prices may finally have ended the three-decade period when they rose significantly faster than incomes.

Landlords
© 2025 Tarawera Publishing Ltd.