Mike Blackburn: construction sector advisor on new home consents dropping to lowest level since 2019
Heather du Plessis-Allan Drive · Newstalk ZB
July 31, 20246m 52s
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Show Notes
New home consents have fallen to the lowest point in five years.
Stats NZ figures show fewer than 34,000 new homes were consented in the year to June - a 24 percent fall annually.
Consents for multi-unit homes, including townhouses, apartments, retirement village units and flats are down 28 percent.
Construction sector advisor Mike Blackburn says this downturn has impacted the whole country.
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Topics
businesspropertyhousingBuilding consents