Annual housing consents reach a near 44-year high in January

Thu, 28 Feb 2019

By Jenny Ruth March 1 (BusinessDesk) - Local authorities issued more housing consents in the year ended January, the highest number in a year since early 1975, Stats NZ says. Consents in the month of January rose a seasonally adjusted 16.5 percent to 3,300 with the increase mainly driven by large multi-unit projects such as apartments and particularly in Auckland in what is normally a quiet month. Consents for stand-alone houses rose 5.8 percent to 1,886 in the month. There were 33,576 consents for new homes issued in the 12 months...

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