Economic slump causes drop in consents

Driving around the district, it’s clear that significant development is taking place, especially in and around Warkworth. However, according to new data from Stats NZ, the number of new homes being consented has dropped over the past year, both nationally and in Rodney and Kaipara. Across New Zealand as a whole, the number of new dwelling consents in the year ending May was 45,159, down from 51,015 for the previous year, a drop of 11.5 per cent. Per 1000 people, the number of new dwelling consents for the same period was 8.8 per 1000 residents, compared with 10 in the year ended May 2022. Stat...