New homes consented reach record numbers in North Island
The annual number of new homes consented in the North Island was 29,310 in November 2020, the highest number since the regional series began in March 1991, Stats NZ said today.
Nationally, the number of new homes consented in the year to November 2020 was 38,624, up 4.2 percent from 2019. The national annual total is the highest since July 1974, when 38,904 new homes were consented.
“Auckland, Hawke’s Bay, and Taranaki had record levels of new homes consented in the November 2020 year. These consents are an intention to build, and most home construction is completed within a year or two after a consent is granted, though COVID-19 may have caused delays for some projects,” construction statistics manager Michael Heslop said.