Dwelling consents hit 28-year high for 2003: Statistics NZ

3.00pm

The property boom hummed along in 2003, with the number of consents issued for new homes the highest since 1976, new figures show.

Statistics New Zealand today confirmed there were 29,801 consents issued last year, the highest number in 28 years.

However, the 2498 consents issued in December were down on the 3032 for November.

There were 2399 consents issued in October and 2342 in September.

Government statistician Brian Pink said of the December consents, 835 (33 per cent) were franked in the Auckland region.

Eleven of the 16 regions recorded more new dwelling units in December 2003, compared with the same month in 2002.

Residential buildings accounted for 68 per cent of the $830 million worth of consents issued in December, the same as in 2002.

Residential buildings accounted for 68 per cent of the $830 million worth of consents issued in December, the same as in 2002.

During the 12 months to December 31, there were 6259 consents issued for non-residential buildings worth a total of $262 million, up on $255 million in November and October.

Last year there were $9.08 million worth of consents issued across all categories, Statistics NZ said in a statement.

Regionally, the number of dwelling consents issued were: Northland 136 (from 97 in the same month last year), Auckland 835 (1181), Waikato 277 (195), Bay of Plenty 157 (202), Gisborne 12 (7), Hawke's Bay 46 (38), Taranaki 36 (26), Manawatu-Wanganui 80 (44), Wellington 290 (234), Tasman 31 (44), Nelson 29 (16), Marlborough 35 (36), West Coast 19 (14), Canterbury 380 (256), Otago 105 (120), and Southland 30 (22).


- NZPA

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