Marlborough Region Quarterly economic monitor - June 2020

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Residential consents

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Highlights for Marlborough Region

  • A total of 57 new residential building consents were issued in Marlborough Region in the June 2020 quarter, compared with 69 in the same quarter last year.
  • On an annual basis the number of consents in Marlborough Region increased by 2.0% compared with the same 12-month period a year ago. The number of consents in New Zealand increased by 8.1% over the same period.

National overview

Consents for new dwellings grew by 8.1% over the year to June 2020. Despite soft consent issuance through April due to the Level 4 lockdown, a strong rebound in May and June meant that consents for the June 2020 quarter were unchanged from June 2019. This strong level of consenting will keep builders busy for the rest of the year, but consents are likely to ease as we approach Christmas, leading to soft workloads in 2021.