The total value of all building work consented in November 2015 was $1.6 billion. For November 2015 compared with November 2014:
VOLUMES REACH 10-YEAR HIGH
In terms of residential volume, 2,831 new dwellings were consented in November 2015, which is the most in a month since March 2005, when 3,027 new dwellings were consented (see chart below covering the last 24 months only).
Fully a third of those consents were multi-unit consents:
Click here for Stats NZ's full report on November's numbers and see the next issue of NZ Hardware Journal for the full details.