Property

Shortages in wake of boom

Palmerston North has recorded the biggest jump in new building consents in 15 years.

Wednesday, August 18th 2004

City Future infrastructure planner Caroline Hutchinson said 213 building consents have been issued in the first six months of the year, which means 87 more houses - a 69 percent jump on the same period last year.

"Greenfield growth in Aokautere and Kelvin Grove has been strong, representing a 32 and 27 percent increase in the number of residential dwellings granted in the city," she said.

"An impressive figure is the value of the dwelling construction. More than $49 million in construction is reported for the first six months of 2004, compared to $26 million for the same period in 2003. This represents an 88 percent increase."

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Heartland Bank - Online 6.69
SBS FirstHome Combo 6.74
Wairarapa Building Society 6.95
Unity 6.99
Co-operative Bank - First Home Special 7.04
ICBC 7.05
China Construction Bank 7.09
BNZ - Classic 7.24
ASB Bank 7.24
ANZ Special 7.24
TSB Special 7.24
Unity First Home Buyer special 6.45
Heartland Bank - Online 6.45
TSB Special 6.75
Westpac Special 6.75
China Construction Bank 6.75
ASB Bank 6.75
ICBC 6.75
AIA - Go Home Loans 6.75
Kiwibank Special 6.79
Co-operative Bank - Owner Occ 6.79
ANZ Special 6.79
ASB Bank 6.39
Westpac Special 6.39
AIA - Go Home Loans 6.39
China Construction Bank 6.40
ICBC 6.49
SBS Bank Special 6.55
Kiwibank Special 6.55
BNZ - Classic 6.55
Co-operative Bank - Owner Occ 6.55
TSB Special 6.59
Kainga Ora 6.99
SBS FirstHome Combo 6.19
AIA - Back My Build 6.19
ANZ Blueprint to Build 7.39
Credit Union Auckland 7.70
ICBC 7.85
Heartland Bank - Online 7.99
Pepper Money Essential 8.29
Co-operative Bank - Owner Occ 8.40
Co-operative Bank - Standard 8.40
First Credit Union Standard 8.50
Kiwibank 8.50

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