A record number of new homes were completed in Auckland in September. The latest figures from Auckland Council show it issued 1927 Code Compliance Certificates (CCCs) for new dwellings in September. CCCs are issued when a building is completed, making them the most reliable indicator of new housing supply. The latest monthly figure also pushed the number of dwellings completed in Auckland over the year to September to a record annual high of 16,769, the first time it has ever been above 16,000 in any 12 month period. The record number of dwellings being completed in Auckland stands in sharp contrast to residential building consents for the region, which were down 22% in the 12 months to September compared to the previous 12 months.

Source: Stuff November 13, 2023 06:37 UTC