The record run of new homes being built in Auckland continued in November, according to the latest figures from Auckland Council.
Auckland Council issued 1925 Code Compliance Certificates (CCCs) for new dwellings in November, which was beaten only by the 1949 issued in October and the 1927 issued in September.
The three months from September to November were the only time that the number of CCCs issued for new dwellings has been above 1800 in any month of the year since Auckland Council began compiling the figures in 2013.
CCCs are issued when a building is completed and provide the most accurate indication of new housing supply.
The Auckland Council figures include CCCs issued within the Auckland region by Kainga Ora.
While the figures for the month of November were just shy of an all time high, the 18,002 CCCs issued for the 12 months ended November were an all time high for any 12 month period since the Council first collated those figures in December 2013.
Residential construction in Auckland has been booming, with the rolling 12 month total increasing for 16 consecutive months since August 2022.
The 18,002 new homes completed in the year to November 2023 was up 30% compared to the previous 12 months.
However while the number of new homes being completed in Auckland has been going gangbusters, the number of building consents issued for new dwellings in the region has been steadily declining since it peaked in March 2022.
In November this year just 1164 consents were issued for new homes in Auckland.
That suggests new home completions in the region will likely start to decline this year, as existing projects are completed and fewer new projects are started.
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