Property

Building consent figures rise

Canterbury’s recovery is making a big difference to the number of building consents recorded nationwide.

Monday, July 30th 2012

Statistics New Zealand said today that the total value of residential building consents rose 27% to $456 million for June 2012. The value trend has increased 30% since April 2011.

Industry and labour statistics manager Blair Cardno said: "The South Island drove the increase in residential building consents in June. In June, the number of new housing approvals in Canterbury more than doubled from a record low one year ago, and increased by over 90% in the Otago region."

Canterbury had the largest regional increase in new housing numbers in June 2012, up to 296 from just 133 in June 2011, the lowest June month since the series began in 1991.

But the majority of consents continued to be outside Christchurch city, in Waimakariri, Selwyn, and Ashburton. The next-largest regional increase was in Wellington, where consents were up by 83, most of which was Wellington city apartments. Otago followed, with an increase of 60.

In June 2012, there were 1159 new houses built, excluding apartments, which was up 24% on the year before. Including apartments, there were 1277, up 28%.

Compared with May 2012, and after removing seasonal fluctuations, the number of new houses increased in June 2012, both including and excluding apartments. The trend for the number of new houses, excluding apartments, has been rising over the last year.

In Canterbury, earthquake-related building consents totalled $45 million in June 2012. Of this, $26 million was for non-residential work and $19 million was for residential work, including 27 new houses.

Comments

No comments yet

Most Read

Unity First Home Buyer special 3.95
SBS FirstHome Combo 3.99
TSB Special 4.49
SBS Bank Special 4.49
Co-operative Bank - First Home Special 4.49
ICBC 4.49
Unity Special 4.49
ASB Bank 4.59
ANZ Special 4.59
Westpac Special 4.59
Kiwibank Special 4.59
ICBC 4.89
Unity Special 4.89
BNZ - Std 4.89
Kiwibank Special 4.89
Kainga Ora 4.95
China Construction Bank 4.95
TSB Special 5.09
ANZ Special 5.09
ASB Bank 5.09
SBS Bank Special 5.09
Nelson Building Society 5.09
Westpac Special 5.59
ICBC 5.65
Kainga Ora 5.69
TSB Special 5.69
SBS Bank Special 5.69
AIA - Go Home Loans 5.69
ASB Bank 5.69
BNZ - Std 5.79
Co-operative Bank - Owner Occ 5.89
Kiwibank Special 5.89
China Construction Bank 5.99
SBS FirstHome Combo 3.29
AIA - Back My Build 3.34
SBS Construction lending for FHB 3.74
CFML 321 Loans 3.95
Co-operative Bank - Owner Occ 4.99
Co-operative Bank - Standard 4.99
Heartland Bank - Online 5.30
ICBC 5.39
Kiwibank - Offset 5.65
Kiwibank 5.75
Unity Standard 5.79

More Stories

Thursday, February 19th 2026

RBNZ expects slower house price growth in the current recovery

The Reserve Bank thinks house prices will rise at a much slower pace during the current recovery than they have in past cycles.

Wednesday, January 07th 2026

Queenstown not off the radar for first home buyers

First home buyers are not being deterred by Queenstown’s soaring house prices.

Record levels of first home buyers taking out low deposit loans

Tuesday, December 23rd 2025

Record levels of first home buyers taking out low deposit loans

About half of all first home buyer lending has been done at a less than 20% deposit in recent months.

Buyers sitting on the sidelines in best time to buy in a decade

Thursday, December 04th 2025

Buyers sitting on the sidelines in best time to buy in a decade

Stable house prices, low interest rates and plenty of houses to choose from are still not enticing buyers.