Housing crisis: Data shows record number of consents for new

Housing crisis: Data shows record number of consents for new houses


Housing crisis: Data shows record number of consents for new houses
5 May, 2021 11:01 PM
4 minutes to read
New houses galore! Photo / George Novak
New Zealand has never had so many houses approved in any one period of time.
The magic 40,000 a year house barrier has been broken for the first time in nearly half a century.
Stats NZ said today 41,028 new homes were consented in the year to March 2021, eclipsing the February 1974 year's previous record of 40,225.
We're now in a golden period for housing construction, akin only to the era when big new suburbs like Auckland's Glenfield were built.
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All the Government moves to increase supply and relieve stress on the pressure-cooker housing sector have begun to pay off.

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