New-home consents continued to recover in the June year. (Image: NZME)The number of new homes consented in New Zealand rose by almost one-fifth in the 12 months to end-June, extending its climb out of a marked trough seen between July 2024 and July 2025, Stats New Zealand data shows. “This is the first time we’ve seen the annual number of new homes consented exceed 40,000 since 2023,” Stats NZ’s economic indicators spokesperson Michelle Feyen said. However, at least one Westpac NZ economist expressed caution as to the outlook. There were 40,581 new homes consented in t...