Construction work put in place nationally in the December quarter rose $235 million from the September quarter to a new high of $6.08 billion, and rose $1.555 billion for the year to $22.777 billion.
Statistics NZ expects New Zealand’s resident population to reach 5 million late this year or in 2020, based on recent trends, after hitting 4.9 million at the end of September.
New Zealand’s net migrant inflow continued to slide in October, by nearly 1000 for the month compared to the previous October.
Auckland played a superstar role with a leap to record levels of new housing consents in July, and for the July year.
Statistics NZ said yesterday 3.3% of home transfers in the March quarter were to people who didn’t hold New Zealand citizenship or resident visas, up from 2.9% in the December quarter.
Statistics NZ will publish statistics on property transfers by New Zealanders & overseas people, starting on Thursday 7 June.