Building Consents Issued: November 2011

In November 2011:

• The trends for the number of new dwellings authorised, both including and excluding apartments, show a rise for the eight months to November 2011, following historically low levels.
• Seasonally adjusted new dwelling numbers, both including and excluding apartments, dipped in November 2011, the third change in direction in as many months.
• 1,384 new dwellings were approved, including 109 apartments (all of which are retirement units).
• Earthquake-related consents identified in Canterbury totalled $47 million, including 10 new dwellings.

For November 2011 compared with November 2010:

• Apartment numbers fell by 117 (from 226), while dwellings other than apartments rose by 31.
• Dwelling numbers rose in Auckland, but fell (mostly due to apartments) in Canterbury, Wellington, and Otago.
• Total residential consent values fell $9 million (1.8 percent).
• Total non-residential consent values fell $65 million (13 percent).