Building Consents Issued: October 2008

Highlights

1,173 new dwelling units were authorised, the lowest monthly total since January 1992.
50 new apartment units were authorised, and apart from March 2008, this is the lowest monthly total since April 2000.
The seasonally adjusted number of new dwelling units, excluding apartments, fell 7.1 percent.
Residential building consent values totalled $439 million, down 32 percent compared with October 2007.
Non-residential building consent values totalled $348 million, down 14 percent compared with October 2007.

Graph, New Dwellings Authorised.

Dallas Welch (Mrs)	28 November 2008
Acting Government Statistician	ISSN 1178-0231