Business

Auckland new building consents reach levels not seen since 1970s

The number of new building consents issued for Auckland has risen 24 percent - levels not seen since the 1970s.

Official figures show the seasonally adjusted number of consents for new dwellings nationally fell 6.9 percent lasmonth, following a 1.7 percent rise in February.

But the actual number of consents issued across the country in March is up 10 percent on the year earlier, to more than 34,500.

Auckland accounts for 40 percent of the total at nearly 14,000 consents.

Most of the growth has been for multi-family dwellings, with only a slight increase in stand alone houses.

Newsroom is powered by the generosity of readers like you, who support our mission to produce fearless, independent and provocative journalism.

Become a Supporter

Comments

Newsroom does not allow comments directly on this website. We invite all readers who wish to discuss a story or leave a comment to visit us on Twitter or Facebook. We also welcome your news tips and feedback via email: contact@newsroom.co.nz. Thank you.

PARTNERS