Home building plans near 38,000 a year
The annual number of new homes consented was 37,882 for the year ended February 2020, the highest since the mid-1970s, Stats NZ said today.
The number of new homes consented was up 3,620 from the same period in 2019, a rise of 11 percent.
“The number of new homes consented in the February 2020 year is the highest in about 45 years, boosted by more new homes for Auckland,” construction statistics manager Melissa McKenzie said.
A total of 14,854 new homes were consented in Auckland in the February 2020 year, just over 1,000 more than in the previous February year.