The number of new homes approved in August shows a strong increase for the second consecutive month, Statistics New Zealand said today.
"Excluding apartments, the seasonally adjusted increase of 17 per cent in August 2011 was boosted by earthquake-related homes," industry and labour statistics manager Louise Holmes-Oliver said.
"There were 57 new homes identified as quake-related, including 50 relocatable units for housing displaced residents."
Including apartments, the seasonally adjusted increase of 13 per cent in August 2011 was also boosted by the high number of apartments - 179 units. Of these, 102 were identified as assisted-living apartments at retirement village complexes.
Stats NZ said these latest increases in home approvals confirmed the upswing of the trend over the last five months, following some of the lowest levels seen since the series began.