Wednesday, December 3, 2014
Consent activity for new homes is easing across the country.
The number of new dwellings being consented has stayed high throughout the year.
And while the trend is dropping off, the market remains strong.
It's about 6% higher than this time last year, as shown in the latest data from Statistics New Zealand.
More apartments are being built overall, and the areas with the highest activity are Canterbury, Auckland and Waikato.
Just over 2000 new dwellings were consented in October, with a value of about $1.3.