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stats watch
Value of building work put in place – Sept 2021 quarter
and Waikato (+9.7%); and rest of the South Island (+6.0%).
Auckland, the region most affected by lockdowns, was –8.7% by value.
By volume, overall building activity in New Zealand was –8.6% on the June 2021 quarter.
Residential building activity volume was –6.4%, and non-residential building activity –12%.
OCTOBER BUILDING CONSENTS
Consents by value for the October month from Stats NZ continued to set new highs, as follows:
• Residential:$1.75billion(+13.9%on
Oct 2020).
• Non-residential:$814million
(+56.9%).
• Total:$2.6billion(+23.7%).
By volume, 4,043 new dwellings were consented in the month (+10.5% on Oct 2020), of which 52% were standalone houses, 35% townhouses, flats & units, 8% apartments and 5% retirement village units.
Year to date October 2021, consent values were as follows:
• Residential:$20.3billion(+27.3%on
YTD Oct 2020).
• Non-residential:$8.0billion(+16.5%).
• Total:$28.3billion(+24.0%).
In the year ended October 2021, 47,715 new dwellings were consented, +25.6% on YTD September 2020, led by Rest of North Island (+33%), Canterbury (+31%), Auckland (+27%), Waikato (+23%), Wellington (+14%), and Rest of South Island (+12%).
In the year ended October 2021, the number of new dwellings consented per 1,000 residents was 9.3, compared with 7.5 in the October 2020 year.
YTD October 2021, growth in the value of non-residential building consents was driven by education buildings (+45%) and factories (+56%) while storage buildings fell (–2.2%).
Stats NZ’s November 2021 building consent data is released on 13 January, with the December quarter’s Value of Building Work put in Place scheduled for release on 4 February.
Look to www.hardwarejournal.co.nz for the most timely updates.
MORE AT www.hardwarejournal.co.nz
(Unadjusted value.) Source: Statistics NZ
7500 7000 6500 6000 5500 5000 4500 4000 3500 3000 2500 2000 1500 1000
500 0
Residential
Non-residential All
Residential building consents – Value – Nov 2019-Oct 2021
(Total residential consents, incl. adds & alts, unadjusted value). Source: Statistics NZ
2000 1800 1600 124000 12800 10600 18400 16200 14000
2800 600 400 200
1000
0 900
Non-residential building consents – Value – Nov 2019-Oct 2021
(Total non-residential consents, unadjusted value) Source: Statistics NZ
800
1000 700
6900 5800 4700 3600 2500 1400 300 200 100
0
4500
4000
14 NZHJ | DECEMBER 2021/JANUARY 2022 3500
Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 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-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 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
Sep-18 Dec-18
$ millions
$ millions
$ millions
Mar-19 Jun-19 Sep-19 Dec-19 Mar-20 Jun-20 Sep-20 Dec-20 Mar-21 Jun-21 Sep-21
4500