Page 14 - HW June NEW 2022

stats watch
Value of building work put in place – March 2022 quarter
Residential building work was +22.8% on the March 2021 quarter at $5.6 billion, with non-residential +14.3% at $2.5 billion.
By region, the biggest growth in the actual values of total building work in the December 2021 quarter were as follows: rest of the North Island (+28%); Auckland (+23%); rest of the South Island (+19%); Canterbury (+14%); Wellington (+13%); and Waikato (+11%).
APRIL 2022 BUILDING CONSENTS
Consents for the April 2022 month from Stats NZ followed a mega March.
By value, the April 2022 numbers were as follows:
• Residential:$1.8billion(+8.4%on
(Unadjusted value.) Source: Statistics NZ
8500
8000
7500 7000 6500 6000 5500 5000 4500 4000 3500 3000 2500 2000 1500 1000
500 0
Residential
Non-residential All
Residential building consents – Value – May 2020-April 2022
(Total residential consents, incl. adds & alts, unadjusted value). Source: Statistics NZ
2400 2200 2000
1800 2400 1600 2200 1400 2000 1200
1800 1000
1600 800
1400 600
1200 400
1000 200 800 0 600
400
200 1000
(Total non-residential consents, unadjusted value) Source: Statistics NZ
• •
April 2021) Non-residential:$578million(+6.3%) Total:$2.5billion(+9.9%).
By volume, 3,719 dwellings were
0 900
consented in the month (–6.9% on
April 2021), 2,066 of which were multi- unit homes, comprising townhouses, apartments, retirement village units, and granny flats.
For the year to date April 2022, consent values were as follows:
• Residential:$22.3billion(+24.4%on
YTD April 2021)
• Non-residential:$8.5billion(+11.4%)
• Total:$30.8billion(+20.5%).
In the year ended April 2022, 50,583 new dwellings were consented (+18% on YTD April 2021), led by Canterbury (+34%), Wellington (+19%), and Auckland (+18%).
Most noteworthy again were the 25,687 multi-unit homes consented in the year ended April 2022 (+33% on YTD April 2021), compared to the 24,896 standalone houses (+5.7%).
YTD April 2022, growth in the consent value of non-residential buildings was driven by factories (+22%), and storage buildings (+21%).
Stats NZ’s May 2022 building consent data is scheduled for release on 1 July while the June 2022 quarter’s Value
of Building Work put in Place is due on 5 September, so look to www. hardwarejournal.co.nz for the most timely updates.
MORE AT www.hardwarejournal.co.nz
Non-residential building consents – Value – May 2020-April 2022
800
1000 700
6900 5800 4700 3600 2500 1400 300 200 100
0
5000 4500
12 NZHJ | JUNE 2022 4000
May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22
May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22
Mar-19 Jun-19 Sep-19 Dec-19 Mar-20 Jun-20 Sep-20 Dec-20 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22
$ millions
$ millions
$ millions
355000