The latest figures from Statistics New Zealand showing 27,132 consents for the year and 2538 for the month of December are the highest in more than a decade and show residential construction is booming, Building and Housing Minister Dr Nick Smith says.

This is the longest sustained growth in residential construction in New Zealand history and is now topping $1 billion per month.

The annual rate of new house construction in Auckland of 9251 in 2015 is up 21 per cent on 2014, and has been growing at over 20 per cent every year since the Housing Accord was entered into with the Auckland Council.

"Today’s figures are the latest in a recent series indicating the growing pace of Auckland’s new house build rate. ..The Household Labour Force Survey shows the number of people employed in Auckland’s construction industry has increased from 45,000 to 75,000 over the past three years."

"The next steps in the Government’s programme include advancing new housing on Crown-owned land in Auckland, supporting the Auckland Council in the completion of the new Auckland Unitary Plan, consulting on a new Urban Development National Policy Statement, and reform of the Resource Management Act to address the long-term issues affecting housing supply and affordability."

Source:guide2.co.nz