May 8, 2024 | Construction
Key Facts The number of new homes being consented has dropped over 37.4% since Q1 2022. In Q1 2024, 7717 new dwellings were consented, a 20.6% decrease from Q1 2023. The average estimated build cost (without land) for new dwellings in Q1 2024 was $462,654, a 5.0% rise...