In the year ended November 2021, 48,522 new homes were consented, up 26 per cent from the November 2020 year.In November 2021, 4,688 new dwellings were consented.Auckland’s new homes consented numbers rose 25 per cent in the last year.
Annual figures for the last nine months show more new homes have been consented than ever before, says Minister for
Building and Construction Poto Williams.
“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.
This is an increase of 26 per cent from the November 2020 year.
“The sector is outdoing itself to deliver on the homes New Zealanders need,” Poto Williams says.
Forecasts in the National Construction Pipeline Report 2021
estimate an increase in building and construction activity through to the end of the forecast period in 2026. The
annual report provides a projection of national building and construction activity based on current settings. It
includes national and regional breakdowns of actual and forecast residential building, non-residential building and
infrastructure activity. The forecast is for 265,000 new dwellings to be consented through to 2026 at an average of over
44,000 dwellings a 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
“We will continue to work with the sector to help minimise ongoing disruptions from COVID-19.
“We have recently instructed the Commerce Commission to undertake a study into competition in New Zealand’s residential
building supplies markets. This study will focus on any factors that may be affecting competition for the supply or
acquisition of key building supplies used to build the major components of residential buildings.”
“Ensuring access to fairly priced building materials is a key driving factor in Government’s decision to review this
market, and I look forward to the Commerce Commission’s report in December 2022.”