Fletcher Building and Meridian in focus

Thu, 14 Jan 2021

Building consents data coupled with tomorrow’s house sales data from the Real Estate Institute of NZ will see Fletcher Building garner some interest.The November consents data – due at 10:45am – is likely to show a continued surge as NZ continues to grapple with the need for more housing supply.Almost 38,000 new homes were consented in the 12 months to October 2020, the highest number since 1974, boosted by more townhouses, flats, and units.Fletcher Residential was rated second of the top 20 house builders in the 12 months to...

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