Auckland’s housing shortage continues to worsen

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By Leith van Onselen

Auckland’s chronic housing shortage continues to worsen, according to new data released this morning by Statistics New Zealand, which shows that dwelling consents continue to fall well short of immigration-fueled population growth.

There were 868 dwelling consents issued across Auckland in September and only 10,317 consents issued over the year (trend chart shown below).

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.