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01.04.202521:52:54UTC+00New Zealand Building Permits Rise in February

In February 2025, New Zealand saw a 0.7% increase in building consents for new dwellings compared to the previous month, resulting in a seasonally adjusted total of 2,791 units. However, over the year leading up to February 2025, the total number of new dwellings granted consent was 33,595, representing a 7.4% decrease from the previous year. The annual value of non-residential building work consented also experienced a decline, standing at $8.8 billion, an 11% drop compared to the year ending February 2024. Furthermore, for the year ending February 2025, the number of new dwellings consented per 1,000 residents was 6.3, down from 6.9 the previous year.

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