"There's quite a bit in the pipeline actually. We are busy, I think everybody is. The town is busy."
There was a 5.3 per cent fall in the total number of residential consents issued in June, compared with last year, however, the value of residential consents was up 13.6 per cent.
In the three months to June, 310 residential consents were issued, worth $11.1m, a 16.8 per cent decrease compared with the same period last year, which saw 357 consents issued worth $13.3m.
Just over 40 per cent of the total value of consents in the three-month period were issued last month.
Steve Wright Builders owner Steve Wright said it was a "reasonably exciting time" for the local industry, with his six builders flat out.
"We're kept busy. I think it's fair to say Rotorua has a reasonable future in front of it - better than it has in a long time.
"It will really pick up when more land is made available, which is slowly happening. It will get busier - the infrastructure just needs to be there first."
Rotorua Master Builders Association spokesman Bill Clement said the Special Housing Accord announcement would "get the ball rolling from there".
"Usually this time of year the work slows down but it seems to be quite buoyant.
"There's various projects going on and I can only see more coming in the next few months."
Meanwhile the value of Rotorua's commercial building consents in June was $5m, double that of June last year.
The number of commercial consents also rose, by 10.5 per cent.
Rotorua Chamber of Commerce interim chief executive Allison Lawton said the rise in commercial consents was unsurprising given the continued economic growth.
The number of commercial consents rose from 19 to 21.
- Additional reporting by Angela Woods