The number of building consents issued for new dwellings in New Zealand increased 5.8 percent month-over-month to a seasonally adjusted 4580 in March of 2022, easing from an upwardly revised 12.2 percent rise in February. Excluding apartments, flats, and retirement village units, the number of consents fell 0.9 percent in March 2022, following a 3.7 percent rise in February 2022. In the year ended March 2022, the actual number of new dwellings consented was 50,858, up 24 percent from the year ended March 2021. source: Statistics New Zealand
Building Permits in New Zealand averaged 2161.54 from 1995 until 2022, reaching an all time high of 4580 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 May 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.