New dwelling consents fall in September, may reflect election jitters

Mon, 30 Oct 2017

By Rebecca Howard Oct. 31 (BusinessDesk) - Building consents for new dwellings fell in September from August, in what may be a sign the market is jittery about the new government, although they remained higher on an annual basis. Some 2,770 new houses, apartments, townhouses, retirement village units and flats were consented in September, down 12.5 percent in actual terms on the month but up 6 percent versus the same month a year ago, Statistics New Zealand said in a statement. New Zealand's property market has cooled in recent month...

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