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18 May 2024 14:29
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      Home > News > Business

    More new homes could be on the way, despite latest figures

    More new homes could be on the way, despite latest figures

    2 May 2024
    Stats NZ data for the year to March, shows 35-thousand new homes were consented, down a quarter from the year before.

    The Building Industry Federation's Julien Leys says it's returning to normal pre-Covid levels.

    But he says there are early indicators numbers could go up again, to cater to 132-thousand new migrants.

    Leys says concrete merchants sales rose in January and February, and building merchants sales are up this month.

    © 2024 Newstalk ZB, NZCity


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