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Building Consents Issued: July 2010
Embargoed until 10:45am  –  31 August 2010
Commentary

Residential buildings

Figures given are unadjusted unless stated otherwise. In July 2010, consents were issued for:

  • 1,473 new dwelling units, including apartments
  • 1,270 new dwelling units, excluding apartments
  • 203 new apartment units.

This is the highest monthly number of apartment units authorised for more than a year, and includes 128 retirement units. Apartments contributed 14 percent to the number of new dwellings in July 2010, compared with a monthly average of 4.8 percent for the previous 12 months. Apartment numbers can vary considerably from month to month. 

Including apartments, the seasonally adjusted number of new dwellings authorised in July 2010 rose 3.1 percent, after rising 3.3 percent in June 2010. The trend has been increasing since January 2009, however the level is 49 percent lower than the peak in January 2004. The rate of increase has slowed in recent months.

 Graph, New dwellings authorised, Including apartment units, Monthly.

Excluding apartments, the seasonally adjusted number of new dwellings authorised in July 2010 fell 5.3 percent, after rising 1.1 percent in June 2010. The trend appears to have reached a turning point and has fallen in recent months (following increases that began in April 2009).

The value of residential building consents was $490 million in July 2010, 11 percent higher than in July 2009. The trend has flattened in recent months, however trend numbers are subject to revision each month, and caution should be used until more data becomes available.

The value of residential building consents was $5,786 million in the July 2010 year, an increase of 15 percent compared with the July 2009 year.

Regional residential results

More new dwelling units were authorised in 11 of New Zealand’s 16 regions in July 2010 compared with July 2009. In July 2010, numbers rose by 223 units (28 percent) in the North Island and by 36 units (8.7 percent) in the South Island. 

The four regions with the largest increases were:

  • Bay of Plenty, up 90 units to 174 (including 75 apartments)
  • Auckland, up 65 units to 318
  • Canterbury, up 35 units to 266
  • Waikato, up 33 units to 197.

The region with the largest decrease was Otago, down 20 units to 72.

 

New dwellings authorised, By region, Monthly.

   

Non-residential buildings

The value of non-residential building consents was $293 million in July 2010, down 21 percent compared with July 2009. Seven of the 11 building types recorded decreases in the value of consents in July 2010 compared with July 2009.

The largest decreases were:

  • offices and administration buildings, down $59 million 
  • education buildings, down $35 million
  • hotels and other short-term accommodation, down $19 million.

The largest increase was for shops, restaurants, and taverns, up $25 million.

Graph, Value of non-residential buildings authorised, By building type including alterations and additions), Monthly.

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

  • social, cultural, and religious buildings, at 19 percent
  • shops, restaurants, and taverns, at 18 percent
  • education buildings, at 16 percent.

The monthly trend series for the value of non-residential buildings has been removed from the tables and Infoshare for further analysis. The trend 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.

All buildings

In July 2010, the value of consents issued for all buildings was $783 million, a 3.6 percent decrease compared with July 2009.

 Graph, Monthly values, Including alterations and additions.    Graph, Annual values, Including alterations and additions, Year ended July.

 

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

  • all buildings was $9,568 million, down $170 million (1.7 percent)
  • residential buildings was $5,786 million, up $753 million (15 percent)
  • non-residential buildings was $3,783 million, down $922 million (20 percent).

For technical information contact: 
Tina Waterhouse or Clara Eatherley
Christchurch 03 964 8700
Email: info@stats.govt.nz

Next release ...

Building Consents Issued: August 2010 will be released on 30 September 2010.

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