The number of building consents issued for new dwellings in New Zealand dropped 8.5 percent month-over-month to a seasonally adjusted 4,178 in April of 2022, losing steam from a revised 6.2 percent increase in the previous month. Excluding apartments, flats, and retirement village units, the number of consents for new houses was down 5.6 percent. source: Statistics New Zealand
Building Permits in New Zealand averaged 2167.64 from 1995 until 2022, reaching an all time high of 4565 in March of 2022 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 - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.
Building Permits in New Zealand is expected to be 4000.00 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 is projected to trend around 3800.00 in 2023, according to our econometric models.