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flag New Zealand approved 34,078 new homes by August 2025, up 1.3% yearly, led by apartments in Auckland and Otago.

flag In the year ending August 2025, New Zealand approved 34,078 new homes through building consents, a 1.3% increase from the same period in 2024, according to Stats NZ. flag The rise was driven by multi-unit developments like apartments and townhouses, particularly in Auckland and Otago, though totals remain about one-third below the mid-2022 peak. flag Stand-alone homes saw a 1.0% increase, while retirement village unit consents fell 22%. flag Monthly consents in August rose 5.8% from July, with 3,080 homes approved, though non-residential construction declined, with annual value down 5.4%.

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