Sept 2009 Building Consents for Nelson Up
30th October 2009
Seasonally adjusted figures released today by Statistics NZ show a rise of 2.8% (excluding apartments that is) in the volume of new housing consents authorised across New Zealand.
In the press release Statistics NZ comment;
The trend has increased by more than 20 percent in the last six months, following a decrease of over 50 percent between the recent peak in May 2007 and the low in March 2009. When apartments are included, the trend has been increasing since January 2009, although it has eased in recent months.
Nelson has been on an encouraging upward trend for the last quarter, coming off a very quite beginning to the year. This trend is also reflected in neighbouring Tasman District.
On the street I can say it was bound to happen as locally we have gone from selling 1-3 sections a month for the first half of 2009 to selling over 10 a month for the last 3 months.
October is looking interesting too, currently via REINZ figures Nelson is sitting on 17 residential section sales, and that’s quite an uptick compared to previous.
October 30 2009 10:29 am | Buyers and General and Nelson and Stats / Sales Data
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