2 minute read
Houses completed
from 2021 Report
HOUSING Houses completed (CCC issued)
2021 was another record year for completed homes with 1497 new homes completed and issued with a CCC, including 193 retirement village units. A CCC is issued when a home is completed and complies with all building requirements. Once issued the house can be sold and/or people can move in.
Advertisement
1497
homes completed
UP 6%
ON 2020
Trends from consent to code compliance
Source: Hamilton City Council
1800
1600
1400
1200
1000
800
600
400
200
2012 2013 Dwellings Granted (12-month total) Dwellings CCCed (12-month total)
2014 2015 2016 2017 2018 2019 2020 2021 2022
The graph shows growth in CCC’s issued between 12 to 18 months after growth in the number of building consents granted (imagine the blue line shifted to the right by that time period). This time lag is generally the amount of time it takes for a development to be built. This is reflected in the graph below where the shape of the curves is similar, but building consent trends lag CCC trends.
The amount of time needed to complete a home build, which is the time elapsed between a building consent being granted and CCC being issued, was sitting at eight months in 2021, down from nine months in 2020. The lower completion time in 2021 compared to 2020 is largely a reflection of the long lockdown in 2020 rather than conditions in 2021. Prior to that the trend had been upwards for much of the last 10 years, largely because the number of houses being built keeps increasing, putting strain on the construction sector and Council’s ability to process consents. However, we are expecting the average construction time for new homes to increase in 2022. While many larger building companies can order product in advance, many of the smaller builders are not, meaning that a six-month delay on cladding will have an increasing impact on the time to build. In addition, many of the accessories people choose for their homes like kitchen appliances and bathroom fittings are also experiencing delays, meaning that even if the main build is done, people may be waiting for the final items to finish their home and get a CCC.
A new home took about eight months to complete in 2021. Strong demand and constraints on the supply of building materials will extend build times in 2022.
Median time to build a new home
Source: Hamilton City Council
