Despite rising approvals, NZ’s housing shortgage worsening

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By Leith van Onselen

New Zealand’s chronic housing shortage continues to worsen, especially in Auckland, with stronger dwelling consents still failing to keep pace with turbo-charged population growth.

There were 12,945 dwelling consents issued across Auckland in the year to September (up 25%):

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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.