The Canterbury rebuild boosted consents for new dwellings
during 2013 by 26% and residential and commercial spending
was up 20%, to more than $12 billion, during the year.
The 21,300 new dwelling consents during 2013 was a six-year
high, according to data released by Statistics New Zealand
Housing Minister Dr Nick Smith welcomed the consent figures
of 21,300 new houses during the year, especially in Auckland
where housing supply was under the most pressure.
The Auckland Housing Accord signed in October set a target of
9000 new houses consented in its first year and 1959
consents, or 22% of the target, was achieved in the first
quarter to December, he said.
''As the earthquake rebuild gains momentum, building consents
in Christchurch, at 2542 for the 2013 year, are at their
highest level in six years.
This will help to return Christchurch's housing stock to
pre-earthquake levels and ease pressure on its rental and
temporary accommodation markets,'' Dr Smith said in a
During the year, all building work was up 20%, to $12.08
billion. Residential was up 28% at $7.9 billion and
non-residential up 6.9% to $4.17 billion.
New dwelling consents rose in nine of the 16 regions,
including Otago which rose from just below 1000 in 2012, to
However, Otago and Taranaki featured in the data for having
the two largest decreases in non-residential consents of the
16 regions, both down by $29 million each, or 16% in Otago to
$147 million and 27% down in Taranaki to $77 million.
Canterbury earthquake-related consents reached $1.4 billion,
including 1321 new dwellings.
ASB economist Christina Leung said the strong 47.4% increase
in nationwide dwelling consent issuance during 2013 was
concentrated in Auckland and Canterbury.
''To the extent the housing supply shortages are particularly
acute in Auckland and Canterbury, the continued improvement
in dwelling consent issuance in these regions is
encouraging,'' she said.
She said dwelling consents continued to rise, as higher house
prices encouraged house building demand, but that would raise
Reserve Bank concerns about inflation pressure, she said.
Registered Master Builders Association chief executive
Warwick Quinn said the overall result was ''certainly a
positive one'', showing the Canterbury rebuild was under way
and there was momentum in the response to Auckland housing