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Greenfield development that works for Auckland Auckland has a housing shortfall. Despite huge upzoning in existing urban (brownfield) areas through the Unitary Plan, pressure to develop previously undeveloped (greenfield) land is strong. But there are huge infrastructure costs in opening up greenfield land, as well as several other external costs.

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Auckland Economic Commentary David Norman,  Chief Economist Housing is the most affordable it has been in five years with flat prices, rising incomes and falling interest rates. No capital gains tax will provide a floor under prices falling further. Construction’s growth continues unabated, and remains the main driver of Auckland’s economy.

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An overview of the Auckland economy for April 2019, in charts and graphs and with some commentary. Previous updates.

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An overview of the Auckland economy for August 2019, in charts and graphs and with some commentary. Previous updates.

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An overview of the Auckland economy for February 2019, in charts and graphs and with some commentary. Previous updates.

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An overview of the Auckland economy for January 2019, in charts and graphs and with some commentary. Previous updates.

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An overview of the Auckland economy for July 2019, in charts and graphs and with some commentary. Previous updates.

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An overview of the Auckland economy for June 2019, in charts and graphs and with some commentary. Previous updates.

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An overview of the Auckland economy for March 2019, in charts and graphs and with some commentary. Previous updates.

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An overview of the Auckland economy for May 2019, in charts and graphs and with some commentary. Previous updates.

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A summary of statistics for housing in Auckland including: the number of dwellings consented the types of dwellings code compliance certificates issued etc April highlights: 1354 dwellings were consented in February 2019. In the year ending February 2019, 13,847 dwellings were consented in the region. 47 per cent of new dwellings consented in February 2019 were houses, 31 per cent were apartments and 22 per cent were townhouses, flats, units, retirement units, or other types of attached dwellings.

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A summary of statistics for housing in Auckland including: the number of dwellings consented the types of dwellings code compliance certificates issued etc August highlights: 1152 dwellings were consented in June 2019. In the year ending June 2019, 14,032 dwellings were consented in the region. 43 per cent of new dwellings consented in June 2019 were houses, 26 per cent were apartments and 31 per cent were townhouses, flats, units, retirement village units, or other types of attached dwellings.