Dwelling consents reach 14-year high in 2018

Dwelling consents reach 14-year high in 2018
Rebecca Howard
By Rebecca Howard Feb. 4 (BusinessDesk) - New Zealand councils consented 32,996 new dwellings in 2018, up 6.1 percent on the year before and the highest since mid-2004, Stats NZ said.  The number was driven by an 18 percent increase in Auckland consents and a 19 percent lift in Wellington.  In the Auckland region, 12,862 new homes were consented in 2018. This is down slightly from the year ended October 2018 when 13,078 homes were consented, the highest since the early 1970s, Stats NZ said.  There were 2,731 new homes consented in t...