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Wellington region’s home building consents up 22% in 12 months

Wellington.Scoop
There was a 22 per cent increase in building consents issued in the Wellington region for the 12 months ending in November – representing 3633 new homes.

Auckland led the country with a 25 per cent increase – representing more than 20,000 new homes.

The national total was a record 48,522 new homes consented, up 26 percent compared with the previous year. November had 4,688 new homes consented, the highest number for any month on record

News from StatsNZ
The Auckland region led the annual number of new homes consented with 20,384 in the year ended November 2021 (up 25 percent compared with the year ended November 2020).

This is the first time that Auckland has passed the 20,000 mark.

Regions with the next highest number of new homes consented were:

7,526 in Canterbury (up 30 percent compared with the year ended November 2020)
5,062 in Waikato (up 26 percent)
3,633 in Wellington (up 22 percent).

“Much of the growth in Auckland has been due to the increase in the number of consents for multi-unit homes such as townhouses, apartments, and flats,” said construction statistics manager Michael Heslop.

“In Auckland, the number of multi-unit homes consented in the year ended November 2021 is now triple what it was five years ago.”

10 comments:

  1. Claire, 13. January 2022, 12:41

    Wellington is catching up.
    But the BIG question is … are the houses affordable? Is there a house shortage or an affordability shortage?

     
  2. Greenwelly, 13. January 2022, 14:37

    It’s not really Wellington City though …. Annual consents in Wellington City FELL by 23%. All of this growth is in Lower Hutt, where consents doubled for the year … hope they were near transport.

     
  3. Claire, 13. January 2022, 16:07

    Greenwelly. You are never too far from a train as the line bisects the valley floor. It would be great if the trains could speed up!

     
  4. Keith Flinders, 14. January 2022, 15:56

    Claire: Just imagine if Lets Get Wellington Moving had been around pre WW2 when the Hutt Valley commuter line was initiated and built. We might still be having public consultations ad nauseam and perhaps no action on the ground.

    It is a credit to the planners and engineers of the era that they looked forward to what an essential piece of public transport this rail facility would become. Eighty plus years the Hutt Valley line is becoming overcrowded by the increasing number of people wanting to use it. Not sure as to if the trains can be sped up, but dual tracking work in progress is going to assist in overcoming some bottlenecks.

     
  5. Ray Chung, 14. January 2022, 16:46

    Greenwelly, I guess if they look at the whole catchment area where people live and work, this should also include Porirua where there’s a lot of building going on.
    Claire: I thought houses were very unaffordable for first home buyers but last week, one of my neighbours helped their daughter into her first home in Ngaio by acting as guarantors. But I understand what you mean, as what is “affordable” these days has a different definition to different people.

     
  6. Claire, 14. January 2022, 17:48

    Keith – yes, a massive amount of getting on with infrastructure back around the twenties … tunnels, rail viaducts etc. More carriages and double tracking should help with demand.
    Ray: I suspect affordability is the main problem. All the building done in Auckland does not seem to have brought prices down. If you have the money a lot is affordable. If you have less, not much is.

     
  7. Ray Chung, 15. January 2022, 14:27

    I keep reading articles about how it’s getting hard to find sub-million dollar properties these days. But this morning I chatted with a friend in Palmy who’s had his house listed for $700,000 on Trademe and has had only four people come to see it. Of course, this goes back to the question of what’s “affordable?” There’s an article in the DomPost saying bank loans have been dropping 30% because of new stricter government-dictated conditions – so when the government states that they’re trying to get more people into housing, the actions that they’re taking are doing the opposite.

     
  8. TrevorH, 15. January 2022, 16:29

    LGWM has been dramatized by an Australian film company and screens on Netflix under the name “Utopia”. “Utopia tomorrow, Utopia yesterday, but never Utopia today.” You should check it out.

     
  9. Claire, 15. January 2022, 21:01

    Ray: The banks are making a fortune out of especially first home buyers. They need to create new products for mortgages that allow more loans. For example pay part of the deposit now and stagger the rest of it. The deposit is the biggest problem for people struggling to get a home. Also the Government’s loan system should be more realistic.

     
  10. Ray Chung, 16. January 2022, 21:25

    Claire: yes, the banks are making record profits now and it seems to me that actually “helping” people is pretty low in their priority list but perhaps it’s because of the government directives?

     

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