• New Zealand seasonally adjusted number of new dwellings consented fell 1.5 percent m/m

Market news

31 October 2018

New Zealand seasonally adjusted number of new dwellings consented fell 1.5 percent m/m

In September 2018, the seasonally adjusted number of new dwellings consented fell 1.5 percent compared with August 2018, following a 6.8 percent rise in August, and a 9.7 percent fall in July.

In the year ended September 2018, the actual number of new dwellings consented was 32,548, up 5.4 percent from the September 2017 year.

The annual value of non-residential building work consented was $6.7 billion, up 4.9 percent from the September 2017 year.

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