Townhouse numbers up 32%, as consents trend down

Townhouse numbers up 32%, as consents trend down
Townhouses continue to drive consents. (Image: BusinessDesk)
Staff reporters
Townhouse, retirement village and apartment developments continued to keep consent numbers elevated late last year, accounting for 56% of the 50,209 residential consents for the 12 months to November.  Statistics New Zealand said consent approvals for multi-unit homes ratcheted up by almost a quarter to 28,364 units for the year, while standalone houses fell 15% to 21,845 over the same period. Overall consent numbers were up 3.2% on the comparable period, largely led by townhouse developments in Auckland. Approvals for terraced h...

More Property

'Trusted' builders to certify their own work
Property

'Trusted' builders to certify their own work

The changes are the latest in the Government's moves to make building more efficient.

Maria Slade 28 Apr 2025
RoofBuddy founder's previous venture was liquidated
Property

RoofBuddy founder's previous venture was liquidated

RoofBuddy sponsors the New Zealand Warriors NRLW franchise.

Gregor Thompson 24 Apr 2025
JLL to close debt advisory unit
Property

JLL to close debt advisory unit

Global commercial real estate firm Jones Lang LaSalle (JLL) is offshoring its debt advisory division, a month after it announced it would downsize its New Zealand footprint.  The Australian Financial Review (AFR) reported on Tuesday evening that JLL is closing its Australian and...

Gregor Thompson 23 Apr 2025
Damien Grant 'stacked creditor vote', US lender claims
Property

Damien Grant 'stacked creditor vote', US lender claims

Ormiston Rise funder Arena is taking court action to have the liquidator removed.

Maria Slade 23 Apr 2025