The number of new homes being completed in Auckland has doubled over the last five years and is continuing to rise
By Greg Ninness
The number of new homes being completed in Auckland got off to a cracking start this year, with 822 new dwellings receiving Code Compliance Certificates (CCCs) from Auckland Council in January, which was up 28% on January last year, and up 55% on January 2019.
That returns the number of new homes being completed in the Auckland region to its upward trajectory, after it dropped unexpectedly in December.
Over the 12 months to the end of January, 12,220 new homes received CCCs from Auckland Council, indicating they have have been completed to a stage where they are ready for occupation.
As the graph below shows, the rolling 12 month average of dwelling completions has been steadily increasing since Auckland Council began collating the data in 2013 and has been above 12,000 a year since November last year.
That means on average more than 1000 new homes are being completed in Auckland each month.
However the number of new homes being added to the region's housing stock would be slightly lower than that because some existing homes would have been demolished to make way for new developments.
The average number of new homes being completed in Auckland each month has doubled over the last five years and more than trebled in the last seven years.
Graph based on the number of Code Compliance Certificates issued for new dwellings by Auckland Council.
This story was originally published on Interest.co.nz and has been republished here with permission.