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The number of residential building consents granted in New Zealand over the last 12 months has reached record levels.
Figures from Statistics NZ released last month show the number of new homes consented in the year ended May 2021 is at an all-time high of 43,466 – an increase of 17 per cent from the May 2020 year.
Minister for building and construction Poto Williams says the construction sector is essential to NZ’s economic recovery.
“These figures prove how resilient the sector has been in weathering the initial impacts of Covid-19,” she says.
More than 1370 townhouses, flats and units were consented in May alone, the highest number since records began in 1990.
Ms Williams says new building laws announced last month will go even further to support housing supply and affordability and enable the use of innovative and efficient building methods such as offsite manufacturing.
She says the Building Amendment Act now includes provision of a new certification scheme for modular component manufacturers, which will streamline the building consenting process for new building techniques, which have the potential to reduce building costs while delivering high quality, affordable homes.
