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A total of 40,408 new homes were consented in New Zealand in the year ended September, down 20 per cent on the same period last year.
Stats NZ figures show that in Northland, new dwellings consented in the year ending September 2023, fell by 25.4 per cent compared to the year ending September 2022 (1150 consents, down from 1543 consents). In Auckland the drop was 22 per cent – 17,079 consents in the year ending September 2023 compared to 21,985 in the year ending September 2022. Northland recorded 5.6 new consents for every 1000 residents, down from 7.7 the previous year.
Auckland’s figure was 9.8 new consents for every 1000 residents, down from 13. Every region except Marlborough (which was up 13.8 per cent) consented fewer new homes, compared with the year ended September 2022.
“The annual number of new homes consented has continued to decrease from its peak of 51,015 in the year ended May 2022,” Stats NZ construction and property statistics manager Michael Heslop said.
“However, the number of new homes consented in the year ended September 2023 is still higher than any 12-month period prior to 2021.”
