Auckland residential building consents hit 15-year high in May, led by stand-alone houses

Auckland residential building consents hit 15-year high in May, led by stand-alone houses
Tina Morrison
By Tina Morrison June 29 (BusinessDesk) - Auckland, which is suffering from a shortage of housing, saw the number of residential building consents hit the highest level in 15 years in May, according to the latest data. New Zealand's largest city had 1,530 new homes consented in May, up from 1,163 in April and just 885 in May last year, and marking the highest monthly total since October 2002 when 1,945 new homes were consented, Statistics New Zealand said today. Some 710 of the May consents were for stand-alone houses, 419 apartments, 258...