Auckland Housing Demand Grows

aucklandHousing demand in the Auckland region is getting worse and there’s no sign of it easing any time soon.

Building consents for the Auckland region dropped in September for the second month in a row.  13000 new homes are needed each year to cope with the increase in population however new building consents are falling far short.

1083 new residential building consents are needed on average per month and so far only about two thirds of that amount have been issued.  This shortage is pushing the existing shortage of 32,000 homes out by 4332 each year.

It’s hard to see Auckland’s property values dropping by much any time soon.

Average home values continued to rise in October, pushing past $900,000 in Auckland for the first time, according to government valuer Quotable Value (QV).


PropertyTutors mentoring clients are property investors who focus on buying, renovating and on-selling tired properties.  In low socio-economic areas in particular, these property investors are turning unliveable properties into sought after homes.  It’s a much needed service to increase the supply of homes in the Auckland region and in areas that are near amenities like schools, shops etc.

Find out more about PropertyTutors – attend a one day event

Download the following eBooks:

Profitable Property Deals Revealed – 2015 Edition

Profitable Property Deals Revealed

Lessons Learned by the Property Masters

29 Know How Property Investing Tips

This entry was posted in Uncategorized and tagged , , , by PropertyTutors. Bookmark the permalink.

About PropertyTutors

“PropertyTutors Limited believes the information in this publication is correct, and it has reasonable grounds for any opinion or recommendation found within this publication on the date of this publication. However, no liability is accepted for any loss or damage incurred by any person as a result of any error in any information, opinion or recommendation in this publication. Nothing in this publication is, or should be taken as, an offer, invitation or recommendation to buy, sell or retain any investment in or make any deposit with any person. The information contained in this publication is general in nature. It may not be relevant to individual circumstances. Before making any investment, insurance or other financial decisions, you should consult a professional financial adviser. This publication is for the use of persons in New Zealand only. Copyright in this publication is owned by PropertyTutors Limited. You must not reproduce or distribute content from this publication or any part of it without prior permission.”