In a report Stats NZ looks at Canterbury’s rebuild seven years since the earthquake.
Tens of thousands of new homes have been consented in Canterbury since the 22 February 2011 earthquakes, Stats NZ said today. Canterbury’s building costs and rents have risen faster than in other parts of the country.
In the seven years to September 2017, 36,431 new homes were consented in Canterbury, up more than 10,000 when compared with the seven years before the earthquakes.
The cost of building a new home in Canterbury (excluding land) rose 52% in the eight years to September 2017. This compares with 40% nationally. In the eight years to September 2017, rents rose 18% in Canterbury – the same rise as experienced nationally.
By June 2012, Christchurch city’s population had fallen by more than 20,000 from 2010. Christchurch’s population only returned to pre-earthquake levels in 2017 – six years after the 2011 earthquake.
Canterbury: the rebuild by the numbers has more information.
To read all statistics go to www.stats.govt.nz
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