March 11th, 2026

economic downturn

The year witnessed 15,166 stand-alone houses being consented, which is down 23% from the previous year.
economic downturn
1 year ago

Annual home consents in New Zealand plummet by 25%

New Zealand has seen a significant drop in the number of new homes consented in the year ended March 2024, with figures declining by...

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The breakdown of the consents showed a 0.5 percent decrease in stand-alone houses and a more significant 10 percent decline in multi-unit homes, which includes townhouses, apartments, retirement village units, and flats.

Low-income households struggle as NZ housing costs soar

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Net worth has fluctuated due to shifting asset values, particularly in property and investment holdings.

Household spending surpasses income as net worth drops by $47 billion

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The significant decrease in fruit and vegetable prices has been a major factor in the overall modest inflation.

Food prices see smallest annual increase since 2018

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Provisional figures indicate that New Zealand saw 229,100 (± 3,500) migrant arrivals in the April 2024 year, marking a 25% increase from the previous year.

Record surge in migrant arrivals and departures for New Zealand in April 2024

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Socioeconomic inequalities in greenhouse gas emissions from household travel in New Zealand

Socioeconomic inequalities in greenhouse gas emissions from household travel in New Zealand

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