Building consents stabilising but no immediate recovery

(Image: Getty)

Mon, 13 Jan 2025

The number of homes consented in November was 3,100, up 4.8% on the same month in 2023.Of these, 1,402 stand-alone houses consented, down 4.1% compared with November 2023, and 1,698 multi-unit homes consented, up 14%, Stats NZ said.In the year that ended November, 33,609 new dwellings were consented, down 12% on the prior period.“The annual number of homes consented has been sitting around the 33,600 mark for the last six months,” Stats NZ economic indicators spokesperson Michael Heslop said. “This is down from the peak o...

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