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Building Consents Issued: August 2017
Embargoed until 10:45am  –  29 September 2017
Key facts

New dwellings

In August 2017, building consents were issued for 3,166 new dwellings:

  • 2,025 houses
  • 462 townhouses, flats, and units
  • 384 apartments
  • 295 retirement village units.

The seasonally adjusted number of new dwellings consented rose 10 percent (following a 1.7 percent rise in July). For houses only, the seasonally adjusted number fell 0.8 percent (following an 8.8 percent rise in July).

The trend for the number of new dwellings consented increased, and is at its highest level since early 2004.

Including alterations, the value of building work consented in August 2017 was $2.1 billion, comprising $1.4 billion of residential work and $706 million of non-residential work.

In the year ended August 2017, 30,736 new dwellings were consented – up 3.7 percent from the August 2016 year.

Non-residential

In the year ended August 2017, non-residential building consents totalled $6.4 billion – up 3.4 percent from the August 2016 year.

The non-residential building types with the highest values were:

  • offices, administration, and public transport buildings – $1.3 billion (up 8.9 percent from the August 2016 year)
  • education buildings – $1.0 billion (down 21 percent)
  • shops, restaurants, and bars – $792 million (down 5.2 percent)
  • storage buildings – $724 million (down 1.1 percent).

The regions with the highest value of consented non-residential building work were:

  • Auckland – $2.3 billion
  • Canterbury – $1.5 billion
  • Wellington – $619 million
  • Waikato – $465 million.

In the year ended August 2017, the value of consents for all buildings was $19.5 billion, comprising $13.1 billion of residential work and $6.4 billion of non-residential work.

Upcoming changes to seasonally adjusted and trend series

We are improving the way we calculate the seasonally adjusted and trend series in building consents issued. These changes will be introduced in the September 2017 release (published on 31 October 2017).

All seasonally adjusted series will now include an adjustment for the timing of Easter. This will account for when Easter moves between March and April. This change will affect the entire time series.

We are also updating the way we treat outliers in the trend for the value of non-residential building consents. Currently, we exclude consents with a value of $50 million or more from the calculation of the trend. This threshold will be increased to $100 million, backdated to 2006. Currently, these outliers are only excluded from the monthly trend. For consistency, we will now also exclude these outliers from the quarterly trend.

Liz MacPherson, Government Statistician
ISSN 1178-0231
29 September 2017

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