NZ’s housing shortgage worsens despite immigration pullback

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By Leith van Onselen

Auckland’s chronic housing shortage continues to worsen, despite dwelling consents continuing to rise, according to Statistics New Zealand.

There were 11,052 dwelling consents issued across Auckland in the year to February (up 10%), and 31,245 consents issued across New Zealand over the year (up 3.6%):

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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.