The Construction Minister believes a picture is clearly being painted of a recovery in the sector. 

Stats NZ figures show new home approvals rose 19% annually to June – topping 40 thousand for the first time since 2023.  

More than 18 thousand consents were issued for standalone houses and 22 thousand for townhouses, representing increases of 17% and 21% respectively. 

Chris Penk told Mike Hosking consents are just the start of a building process, and although people can't live in them, you wouldn't apply for one without the intention to build. 

LISTEN ABOVE 

See omnystudio.com/listener for privacy information.

Rss Apple Podcaster
Podden och tillhörande omslagsbild på den här sidan tillhör Newstalk ZB. Innehållet i podden är skapat av Newstalk ZB och inte av, eller tillsammans med, Poddtoppen.