NZ building activity rises 0.8 percent on activity in Canterbury

Tue, 04 Sep 2012

By Hannah Lynch Sept. 5 (BusinessDesk) - Residential building activity in Canterbury helped lift New Zealand's national building activity in the June quarter, according to Statistics New Zealand. New Zealand's building activity rose 0.8 percent to $1,703 million in the second quarter, the government statistician said in a statement. The overall trend for building activity continues to rise from the 10-year low point in the September 2011 quarter. Residential building activity increased 7.1 percent to $907 million, offsetting a 5.6 percent...

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