NZ dwelling approvals hit 44-year high

Friday, 1 March 2019

Statistics New Zealand has released dwelling consent data for the year ended January 2019, which reveals that consents have hit a 44-year high:

A total of 33,576 new homes were consented in the year ended January 2019, the highest number of new homes consented in a year since early 1975, Stats NZ said today.

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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.