CORRECT: NZ building consents see-saw with 9.8% March fall

Fri, 29 Apr 2016

(Fixes first and third paragraphs to correct building consents by region) By Jonathan Underhill April 29 (BusinessDesk) - New Zealand residential building consents fell in March, reversing gains February, led by declines in Otago, Tasman and Bay of Plenty. Seasonally adjusted consents across all dwellings fell 9.8 percent to 2,236 in March from February, when they jumped 10.3 percent, Statistics New Zealand said. For houses alone, the decline was 4.1 percent to 1,643. On an unadjusted basis, new dwelling consents fell to 2,315 in Marc...

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