CORRECT: NZ residential building consents boosted by planned apartments in Feb

Fri, 29 Mar 2019

(Fixes size of percentage increase in 3rd paragraph) By Paul McBeth March 29 (BusinessDesk) - New Zealand residential building consents were boosted by a glut of planned Auckland apartments last month, hitting a record for a February month. Residential permits rose a seasonally adjusted 1.9 percent to 3,307 in the month of February, Stats NZ said. That was despite a 0.5 percent decline in new permits for houses at 1,885. In actual terms, there were 3,098 new residential consents in February, up 28 percent from a year earlier, and...

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