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Building Consents Issued: February 2010
Embargoed until 10:45am  –  30 March 2010
Commentary

Residential buildings

In February 2010, consents were issued for:

  • 1,375 new dwelling units, including apartments
  • 1,362 new dwelling units, excluding apartments
  • 13 new apartment units.

Excluding apartments, the seasonally adjusted number of new dwellings authorised in February 2010 rose 10 percent, after rising 1.0 percent in January 2010. The trend has been increasing since March 2009, but remains at a low level, and the rate of increase is showing signs of easing in recent months.

Including apartments, the seasonally adjusted number of new dwellings authorised in February 2010 rose 5.9 percent, after falling 2.8 percent in January 2010. The trend has been increasing since the low in January 2009, but has been flattening in recent months. The trend remains at a low level and is similar to July 2008.

 Graph, New dwellings authorised, Including apartment units, monthly, 2002–10.

The number of apartment units authorised (13 units) is the lowest monthly number since July 1995. Apartments contributed 0.9 percent to the number of new dwellings in February 2010, compared with a monthly average of 10 percent for the previous 12 months. Apartment numbers can vary considerably from month to month. 

The value of residential building consents was $484 million in February 2010, 35 percent higher than in February 2009. The trend has increased since March 2009, following falls that began in July 2007. The level is now similar to the levels seen in mid-2008.

Regional residential results

More new dwelling units were authorised in 13 of New Zealand’s 16 regions in February 2010 compared with February 2009. In February 2010, numbers rose by 175 units (23 percent) in the North Island and by 141 units (48 percent) in the South Island. 

The regions with the largest increases were:

  • Canterbury, up 102 units (69 percent) to 249
  • Auckland, up 88 units (40 percent) to 308
  • Manawatu-Wanganui, up 43 units (215 percent) to 63.

The Wellington region had the largest decrease, down 104 units, to 111 in February 2010. There were no apartment units authorised in Wellington in February 2010, compared with 137 in February 2009.

 Graph, New dwellings authorised, by region, monthly, 2008–10.

Non-residential buildings

The value of non-residential building consents was $317 million in February 2010, a 17 percent decrease compared with February 2009. Seven of the 11 building types recorded decreases in the value of consents compared with February 2009.

The largest decreases were:

  • hostels and boarding houses, down $39 million
  • factories and industrial buildings, down $29 million
  • social, cultural, and religious buildings, down $26 million.

The largest increases were:

  • education buildings, up $31 million 
  • hotels and other short-term accommodation, up $20 million.

   Graph, Value of non-residential buildings authorised, by building type (including alterations and additions), monthly, 2008–10.

The three largest contributors to the value of non-residential building consents authorised for February 2010 were:

  • education buildings, at 21 percent
  • offices and administration buildings, at 21 percent
  • social, cultural, and religious buildings, at 13 percent. 

Non-residential trend series

The monthly trend series for the value of non-residential buildings has been removed from the tables and Infoshare for further analysis. The series is estimated after the removal of consents valued at $25 million or more and Statistics New Zealand is reviewing this practice. The monthly series is available on request. A quarterly trend series for the value of non-residential buildings is available.

All buildings

In February 2010, the value of consents issued for all buildings was $801 million, an 8.2 percent increase compared with February 2009.

 Graph, Monthly values, including alterations and additions, 2007–10.    Graph, Annual values, Including alterations and additions, year ended February, 2008–10.

 

For the year ended February 2010 compared with the year ended February 2009, the total value of consents issued for:

  • all buildings was $9,616 million, down $737 million (7.1 percent)
  • residential buildings was $5,295 million, down $471 million (8.2 percent)
  • non-residential buildings was $4,321 million, down $266 million (5.8 percent).

For technical information contact: 

Simon Petersen or Clara Eatherley
Christchurch 03 964 8700
Email: info@stats.govt.nz

Next release ...

Building Consents Issued: March 2010 will be released on 30 April 2010.

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