Building Activity Declines As Winter Sets In

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.