Building Activity Declines As Winter Sets In

May 10, 2017
736 Views

Building activity in Invercargill  appears to be tapering off as winter sets in

ICC building consent stats for April show a decrease in most categories compared to the same time last year.

One of the sharpest drops is consents issued for New Commercial Industrial Buildings and Alterations.

There were only 4 consents valued at $1.88m  issued last month compared to 16 valued at close to $8.4 for April last year.

Residential builders still a good supply of work coming on with 16 consents valued at $3.6m issued last month compared to 14 consents valued at $2.3m for April last year.

Consents for plumbing and drainage works have dropped going from 11 valued at $136k last April to 6 valued at $81k for April just gone.

The overall totals is where the real drop shows up with 87 consents totalling $6.5m issued in April just gone compared to 119 consents valued at $12m issued for then same month last year.

We wonder what the may stats will tell us.

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