According to Stats NZ data, the figures for the last nine months show more new homes have been consented than ever before.
Minister for Building and Construction Poto Williams said, “We’re building more houses than any Government since the 1970s and consent numbers have more than tripled in the last decade. Now, for the ninth month in a row, we have exceeded the previous record for the highest number of homes consented in a year,” said Poto Williams.
Estimates from Statistics New Zealand released today show the number of new homes consented in the year ended November 2021 is at a record high of 48,522 up 26 per cent from last year.
“We expect high levels of residential construction in particular to continue for some time,” Poto Williams says.
“Despite challenges caused by the pandemic, the sector has remained resilient and is now in a good place to keep this momentum going.”
“We will continue to work with the sector to help minimise ongoing disruptions from COVID-19.