New dwellings are continuing to be built at a record rate in Auckland. Auckland Council issued a record 1949 Code Compliance Certificates (CCCs) for new dwellings in October, surpassing September's record of 1927. The number of consents issued in Auckland in October was down 24% compared to October last year, which means new home completions will start declining at some stage. The current record number of new home completions may be the result of fewer new building projects being started, which means builders have more resources available to focus on completing existing projects already underway. To start receiving them, register here (it's free) and when approved you can select any of our free email newsletters.

Source: Stuff December 18, 2023 11:34 UTC