The number of building consents issued for new dwellings in New Zealand jumped 4.9 percent month-over-month to a seasonally adjusted 3,883 in December of 2020, gaining steam after a 1.2 percent increase in the previous month. In the year ended December 2020, the actual number of new dwellings consented was 39,420, up 4.8 percent from a year earlier. source: Statistics New Zealand
Building Permits in New Zealand averaged 2062.50 from 1995 until 2020, reaching an all time high of 3881 in November of 2020 and a record low of 992 in January of 2009. This page provides the latest reported value for - New Zealand Building Permits - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. New Zealand New Dwellings Building Consents - values, historical data and charts - was last updated on February of 2021.
Building Permits in New Zealand is expected to be 3200.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Building Permits in New Zealand to stand at 3400.00 in 12 months time. In the long-term, the New Zealand New Dwellings Building Consents is projected to trend around 3800.00 in 2022, according to our econometric models.