Building consents stabilize at pre-lockdown level

Wed, 30 Sep 2020

Seasonally adjusted residential building consents rose 0.3 percent in August as construction stabilizes at pre-lockdown levels, new figures from StatsNZ show. The number of new homes consented last month was 3,147. Once adjusted for seasonal variation that is about 10 more consents than in July, in real terms there were almost 250 less consents.“We have seen the number of new homes consented remain quite stable over the last three months, following some dramatic movements between March and May when the nation-wide lockdown had the b...

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