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Summary
- The monthly number of new dwellings approved in April 2021 was up 84% from April last year to 3,994.
- The increase has been mostly due to more townhouses, flats, and units in recent years.
- New homes approved in Auckland reached 18,224 in April 2021.
As per the latest building consent data released by Stats NZ, the number of new homes consented monthly in April 2021 rose 84% as compared to April 2020 to 3,994. This number included 2,140 stand-alone houses, 1,076 townhouses, flats, and units, 472 apartments and 306 retirement village units.
The number, floor area, the value of new dwellings, non-residential structures, and changes allowed for construction, are all included in building consent data.
The total number of new dwellings approved in the year ended April 2021 was 42,848, the highest in the series.
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For the month of April, the number of new dwellings approved per 1,000 people was 8.4, which was lower than the previous high of 13.4, set in the year ended December 1973.
The number of new dwellings approved in March 2021 was the largest since the records started getting registered in the 1960s, and the current high levels began gathering momentum at the end of 2020.
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COVID-19 had an influence on the number of consents given in April 2020, which also included time spent at higher alert levels, according to construction statistics manager, Michael Heslop.
Multi-dwelling projects accelerate, new homes approved crosses 18K mark in Auckland
The number of houses authorised each month can fluctuate dramatically due to the scheduling of big multi-dwelling projects, such as townhouses and apartment complexes.
The growing number of townhouses, flats, and apartments, which totaled 12,876 in the year ended April 2021, is largely responsible for the increased number of new homes approved in recent years. When compared to the same period last year, this was an almost 45% rise.
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The annual number of new dwellings approved in Auckland reached 18,224 in the year ended April 2021, up by 23% as compared to April 2020. Canterbury, Waikato, and Wellington followed with the number of new homes consented up by 17%, 4.1% and 1.4% to 6,334, 4,387 and 3,223, respectively.
For the year ended April 2021, townhouses, flats, and units accounted for roughly 44% of all new homes approved in Auckland, while stand-alone houses accounted for 36%.
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As the number of consents for townhouses, flats, and units rises, the typical new home will shrink in size and be erected closer to neighbours. This tendency has been especially noticeable in larger cities, such as Auckland, according to Mr Heslop.
The overall value of new house consents in the year ended April 2021 was about NZ$6.6 billion. These consents have a total floor area of roughly 2.7 .
