Auckland residential building consents jump 28% as housing demand stays strong

Wed, 29 Aug 2018

By Rebecca Howard Aug. 30 (BusinessDesk) - Auckland continues to lead the way in construction demand, with residential building consents jumping 28 percent in the year to the end of July outpacing an 8 percent nationwide gain. Across the country, 32,850 permits for new residential dwellings were issued in the year to July 31 versus 30,404 in the prior year. Consents issued for townhouses, flats and units were up 26 percent to 5,945 while consents for apartments climbed 37 percent to 3,902 and retirement village units gained 24.percent to...

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