Urban development dashboard
About the dashboard
Councils are required to monitor and use the dashboard when implementing the National Policy Statement on Urban Development (NPS-UD).
(Note that the dashboard works best using the Chrome web browser.)
Market indicators included on the dashboard are:
- residential building consents compared to changes in household numbers
- dwelling sales prices
- dwelling rents
- ratio of dwelling sales prices to rents
- dwelling sales volumes as a percentage of total residential stock
- land value as a percentage of capital value.
The indicators have been aggregated quarterly by census area unit, ward and territorial authority using 2013 Statistics New Zealand geographical areas. They've also been aggregated by Expanded Urban Environment.
The dashboard data is refreshed at the end of every quarter.
Price efficiency indicators
Price efficiency indicators included on the dashboard are:
- price-cost ratios, which compare the extent to which construction costs or land costs contribute to house prices
- rural-urban differentials for residential land
- industrial zone differentials
- land concentration control indicators.
This data is refreshed on a different time basis than the market indicators.
Technical reports on the price efficiency indicators
These technical reports provide more information on price efficiency indicators included on the dashboard. They were developed for the National Policy Statement on Urban Development Capacity (NPS-UDC). The NPS-UDC has been replaced by the National Policy Statement on Urban Development (NPS-UD), however these reports still provide useful and relevant information for requirements under the NPS-UD.
Other data sources
Other sources of data — held by local authorities or published by Statistics New Zealand (external link)or private data providers — can also be used to delve into housing market trends or to investigate trends in business land markets.