The number of building consents issued for new dwellings in New Zealand surged 17.9 percent month-over-month to record 4,218 in March of 2021, following a revised 19.3 percent decline in the previous month. In the year ended March 2021, the actual number of new dwellings consented was 41,028, up 9.1 percent from the March 2020 year. source: Statistics New Zealand
Building Permits in New Zealand averaged 2080.99 from 1995 until 2021, reaching an all time high of 4218 in March of 2021 and a record low of 992 in January of 2009. This page provides the latest reported value for - New Zealand Building Permits - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. New Zealand New Dwellings Building Consents - values, historical data and charts - was last updated on May of 2021.
Building Permits in New Zealand is expected to be 3300.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Building Permits in New Zealand to stand at 2800.00 in 12 months time. In the long-term, the New Zealand New Dwellings Building Consents is projected to trend around 3800.00 in 2022, according to our econometric models.