In a striking turn of events for the New Zealand construction sector, building consents rebounded sharply in May 2025, registering a 10.4% increase as reported by the latest data updated on June 30, 2025. This marks a significant recovery from the previous month, which witnessed a concerning 14.6% decrease in April.
The month-over-month comparison reveals that the industry is back on an upward trajectory, suggesting renewed confidence among builders and developers. The recovery in May could signal an easing of the challenges that the sector might have faced earlier, be it policy changes, supply chain issues, or market demands.
This unexpected upturn might provide a positive outlook for the housing market and construction industry in New Zealand, indicating a potential stabilization or growth phase moving forward. Stakeholders and market analysts will be keenly observing upcoming trends to confirm whether this recovery continues in the forthcoming months.
