Building Consents

Residential building slump appears to have bottomed out in 12 months to July - fewer townhouses/home units being built and more apartments

Residential building slump appears to have bottomed out in 12 months to July - fewer townhouses/home units being built and more apartments

‘We don’t want an empty chair problem’: Government to look into professional indemnity insurance and home warranties after announcing plans to move to proportionate liability for defective work

‘We don’t want an empty chair problem’: Government to look into professional indemnity insurance and home warranties after announcing plans to move to proportionate liability for defective work

Changes to liability and Building Consent Authorities: Biggest changes to building consent system since the Building Act came into force in 2004, Minister for Building and Construction Chris Penk says

Changes to liability and Building Consent Authorities: Biggest changes to building consent system since the Building Act came into force in 2004, Minister for Building and Construction Chris Penk says

The average sizes of new warehouses and retail premises are increasing while their average build costs are decreasing

The average sizes of new warehouses and retail premises are increasing while their average build costs are decreasing

Houses are still getting more expensive to build even as their average size gets smaller

Houses are still getting more expensive to build even as their average size gets smaller

The slump in residential building may have hit the bottom but costs have hit a record high

The slump in residential building may have hit the bottom but costs have hit a record high

The number of building consents issued for residential building alterations has declined by 20% over the last three years

The number of building consents issued for residential building alterations has declined by 20% over the last three years

The value of construction work consented declined by just over $1 billion in year to May compared to previous 12 months

The value of construction work consented declined by just over $1 billion in year to May compared to previous 12 months

Building consent figures suggest slowdown in construction activity is likely to last beyond 2026

Building consent figures suggest slowdown in construction activity is likely to last beyond 2026

Residential construction continues to decline in Auckland and still has some way to go before it hits the bottom

Residential construction continues to decline in Auckland and still has some way to go before it hits the bottom

Large fall in the estimated build costs of retirement village units possibly signals a shift towards more affordable housing in the retirement sector

Large fall in the estimated build costs of retirement village units possibly signals a shift towards more affordable housing in the retirement sector

New dwelling consents picked up in March perhaps signalling the start of an upturn for residential construction

New dwelling consents picked up in March perhaps signalling the start of an upturn for residential construction

Fewer new shops and warehouses being developed as build costs remain high

Fewer new shops and warehouses being developed as build costs remain high

A total of 15,668 fewer new homes a year are being consented compared to two years ago

A total of 15,668 fewer new homes a year are being consented compared to two years ago

Value of building work for new housing dropped almost $5 billion last year versus 2022 peak

Value of building work for new housing dropped almost $5 billion last year versus 2022 peak