Over 35,000 homes consented in July year
The number of new homes consented reached 35,472 in the year ended July 2019, the most consented in a year since the mid-1970s, Stats NZ said today.
This is the first time the number of new homes consented in a year has been over 35,000 since December 1974 (when 35,036 new homes were consented).
“Although we are now consenting over 35,000 new homes a year, this is still below the record 40,025 new homes consented at the peak in the February 1974 year,” construction statistics manager Melissa McKenzie said.
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