Westpac: First Impressions - NZ building consents, March 2022
Posted on Friday 06 May, 2022
Consent issuance has broken records with more than 50,000 new homes consented over the past year. But while there is a large amount of work planned, labour and supply constraints are providing a break on the pace of building. And at the same time, population growth has plummeted, according to Westpac Banking Corporation’s Senior Economist, Satish Ranchhod.