New Zealand - Residential Building Permits

New Zealand: Residential Building Permits

Adjustments Not Seasonally Adjusted
Monthly 28.45 %
Data Nov 2022 2,150,942,933
Oct 2022 1,674,491,810

Series Information

Source Statistics New Zealand
Release Building Consents
Frequency Monthly
Start Date 4/30/1965
End Date 11/30/2022

New Zealand: Real Estate

Reference Last Previous Units Frequency
House Price Value Dec 2022 790,000 810,000 NZD, NSA Monthly
Building Permits Nov 2022 3,036,311,614 2,556,523,789 NZD, NSA Monthly
Non-residential Building Permits Nov 2022 829,639,886 824,750,259 NZD, NSA Monthly
Residential Building Permits Nov 2022 2,150,942,933 1,674,491,810 NZD, NSA Monthly

Release Information

Provides a measurement of the number and value of all building consents issued in New Zealand, with a value of greater than $4,999, for the specified month.

Only construction work that requires a building consent are included in these statistics. Some civil engineering works, such as roads, require resource consents but not building consents, so are excluded. The building consent value excludes the land value.

At the end of the reference period each territorial authority has 7 working days to collate data on the consents they have issued and deliver them to Statistics New Zealand. Following receipt of the data by Statistics New Zealand, the data are entered into the 'Building System'. This period of data entry takes approximately half a month, at which time the data are analysed and the release of information is prepared.

Questionnaires are not sent to territorial authorities. Territorial authorities provide disks or files with the data to Statistics New Zealand, which are entered into the 'Building System'.

The adjustments on seasonally adjusted series remove the estimated effect of regular seasonal events, such as summer holidays and pre-Christmas purchasing, from statistical series.