December Building Consents (also known as Building Permits): -2.1% m/m

  • prior was +10.0%

Also, Net migration for December, +4100

  • prior was +5010

–

NZ building permits consents 30 January 2015

From Statistics New Zealand:

For the m/m

  • The seasonally adjusted number of new dwellings consented decreased 2.1 percent
  • Excluding apartments, this number was up 1.6 percent.

For the y/y:

  • New dwellings consented in 2014 up 16 percent from 2013,
  • “The annual number of new dwellings is at its highest level since 2007. This was mainly driven by increases in Auckland and Canterbury,” business indicators manager Neil Kelly said
  • Total value of building work consented in 2014 was $14.6 billion (up 21 percent from 2013)
  • The trend for the number of new dwellings, including apartments, is showing signs of increasing after a brief dip in the middle of 2014.