The number of new homes being approved rose by 5 per cent in October, but is still down from a July surge in building consents.
Statistics New Zealand released the latest figures for residential building consents this morning that show 2,349 new dwellings were consented, nearly three-quarters of them new houses.
The trend for the number of new dwellings consented in Auckland is at its highest level since December 2004, and its partly due to a growth in the consents for new apartments.
There were 804 new dwellings approved in Auckland in October, an increase of 214 from October 2014.
Two nearby regions…