Medium-density housing consents again outnumber low-density homes! Don't miss this annual event focused on the industry's hottest issues

Figures released by Stats NZ on 1 July show that 51015 new homes were consented in the year ending in month 5 of 2022, up 17% on the corresponding period in 2021 and setting another record. Consents for multi-unit homes rose 36% compared with the corresponding period in 2021.

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In May 2022, a total of 4528 new homes were consented. These comprised 2135 townhouses, 117 apartments and 2047 standalone houses, with retirement village units making up the remainder.

 

Construction and property statistics manager Michael Heslop said: "Since month 3 of 2021, growth in multi-unit homes has driven continuing record numbers of new homes consented."

 

Image source: Stats NZ

 

Several factors have brought about the medium-density era. Government policies support medium- and high-density housing, including interest deductibility for new homes for 20 years and streamlined development approvals. House prices remain high, major banks continue to tighten lending policies, and strict new rental rules have taken effect, encouraging investors to favour new homes with higher rental returns and fewer hassles. For developers, medium-density housing also offers shorter development timeframes, lower capital requirements than apartment projects and less complex development.

This is also why this year's New Zealand International Building Expo & Summit (NZIBES, known in Chinese as the Building Expo) has chosen medium-density housing as its theme. New Zealanders have traditionally lived in low-density standalone houses or high-density city-centre apartments, and the construction and property industries have developed around that pattern. The arrival of the medium-density era will bring enormous opportunities and challenges. This year's NZIBES will bring together the people, brands and businesses leading that change —  investors, developers, designers, planners and contractors — to provide a collaborative platform for sharing ideas, building networks and creating opportunities.

2021 NZIBES event highlights

 

About NZIBES

 

Initiated by the New Zealand Chinese Building Industry Association (NZCBIA), NZIBES aims to bring together leading businesses, professionals and industry resources from New Zealand and China to provide first-hand information, share innovative ideas and explain key policy issues. It also offers sponsors and exhibitors an excellent platform to showcase their brands and products and explore opportunities for collaboration. Since its beginnings in 2015, NZIBES has grown into one of New Zealand's largest property and construction events. This year's NZIBES will return in month 8, on 19-20 at Vodafone Events Centre.

 

Why take part in 2022 NZIBES ？

 

Hear what the diamond sponsors and key partners of the 2022 edition of NZIBES have to say.

 

Diamond sponsor KONE's New Zealand regional director Timo Skog said in an interview: "This year's NZIBES theme is particularly relevant to KONE. Our cities are undergoing enormous change, with more and more apartments appearing, and KONE sees itself as a driver of industry change. Our exhibition this year will therefore focus on information about apartments. KONE has also developed touch-free lifts that can be controlled through a mobile app, a product particularly well suited to people's lifestyles in the post-pandemic era."

 

Timo added: "As a diamond sponsor, NZIBES gives us strong brand influence and exposure. With new builders and developers continually entering the market, a professional platform is vital for us to meet new people and build connections. The annual gala dinner also gives us an opportunity to engage more closely with clients and strengthen those relationships."

 

Seize your final opportunity to join 2022 NZIBS as a sponsor and appear alongside leading brands!

Annual gala dinner and NZCBIA Excellence Awards ceremony

 

A key part of NZIBES each year, the annual gala dinner and NZCBIA Excellence Awards ceremony will welcome leaders and outstanding professionals from New Zealand's construction, property and investment sectors, as well as distribution, supply and related industries. It offers a rare networking opportunity, helping industry professionals and businesses explore collaboration and build commercial connections. During the dinner, we will also present NZCBIA Excellence Awards to eleven outstanding projects that have made exceptional contributions to industry growth.

Tickets to previous gala dinners have been hard to secure, so please get in touch early to book. Don't miss this premier construction industry networking occasion!

 

Scan the QR code below to buy gala dinner tickets:

Thank you to all our sponsors for their generous support!

(Sponsor logo list continually updated)