Is Auckland CBD the new zombie town?

The latest estimated resident population data for regions and districts published by Statistics New Zealand (Stats NZ) in late October threw up a few surprises, not least that Auckland’s population is a lot lower than previously estimated. Indeed, we have been overestimating population in many of our larger urban centres and underestimating it in the smaller provincial districts.

NZ short by nearly 40,000 houses

New Zealand’s housing market isn’t functioning as well as it should be, with higher house prices, rising rents, falling home ownership, and a lack of housing options. But just how large is the housing shortage that we continually hear about?

Chart of the month: Auckland is big

We know that Auckland is a big part of the country’s economy. In 2018 it had 35% of the population, 36% of the jobs, and accounted for 38% of GDP – up from 31%, 32% and 34% respectively in 2000. But just how big is that really?