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Trend now positive for consents

Friday 28th of April 2017

Once seasonally adjusted, the number of new dwellings consented in March was down 1.8% on February – but that dip came on the back of a 17% increase in consents in February.

Further, the total of 2,779 new homes consented in March was up 20% compared with the total at the same time last year.

In the year ending March 2017, 30,626 new dwellings were consented – including 10,199 new dwellings in Auckland.

This figure was up 10% on the previous March year and was the most for a March year since 2004.

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