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4 Dec 2024 21:49
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      Home > News > Business

    New home consents continue to fall

    New home consents continue to fall

    2 December 2024
    Stats NZ data reveals 2850 new homes were consented in October, down 6.9 percent on the same month last year.

    Consented multi-unit homes - including townhouses and apartments - were down 18 percent.

    However, stand-alone house consents went up 8.6 percent.

    Economic Indicators spokesperson, Michael Heslop, says since July, the monthly number of stand-alone houses consented, has been higher than 2023.

    © 2024 Newstalk ZB, NZCity


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