Building consents for new dwellings in New Zealand fell 4.0% month-on-month in May 2026, reversing from an upwardly revised 11.1% jump in April, marking the second decline so far this year and the steepest fall since last December. A total of 3,801 new dwellings were consented, including 1,835 stand-alone houses, 1,718 townhouses, flats, and units, 194 retirement village units, and 54 apartments. In the year ended May 2026, the total number of new dwellings consented was 39,737, up 19% from the year ended May 2025. Meanwhile, New Zealand recorded 7.4 new dwelling consents per 1,000 residents, up from 6.3 per 1,000 in the previous year. The record number of new dwelling consents per 1,000 residents was 13.4 in the year ended December 1973. source: Statistics New Zealand
Building Permits MoM in New Zealand increased to 10.90 percent in April from -0.80 percent in March of 2026. Building Permits MoM in New Zealand averaged 0.72 percent from 1995 until 2026, reaching an all time high of 36.40 percent in April of 2008 and a record low of -41.40 percent in April of 2005. This page includes a chart with historical data for New Zealand New Dwellings Building Consents MoM. New Zealand New Dwellings Building Consents MoM - data, historical chart, forecasts and calendar of releases - was last updated on July of 2026.
Building Permits MoM in New Zealand increased to 10.90 percent in April from -0.80 percent in March of 2026. Building Permits MoM in New Zealand is expected to be -2.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand New Dwellings Building Consents MoM is projected to trend around 1.00 percent in 2027 and 0.50 percent in 2028, according to our econometric models.