Extract

More new homes, improved affordability

Summary

• Auckland has upcoming decisions that will affect how much capacity is available for new homes
• Auckland's Unitary Plan shows how increases to capacity by allowing for density can affect the quantity and price of housing
• There is strong evidence that one-third of dwellings consented over 2016 to 2021 were a result of the upzoning of the Unitary Plan
• Rents and house prices in Auckland have been on a lower growth path than New Zealand as a whole
• Adding more capacity could improve housing affordability

March 2024

See also

Auckland Council Chief Economist Unit