NZ building consents down in July as fewer apartments, townhouses built in Auckland

Tue, 29 Aug 2017

By Sophie Boot Aug. 30 (BusinessDesk) - New Zealand residential building consents fell in July, with the biggest decreases coming from Auckland, although more stand-alone houses were consented. Some 2,762 new houses, apartments, townhouses, retirement village units and flats were consented in July, down 1.7 percent from a year earlier. Of that total, 1,900 houses were consented, up 7.9 percent from July 2016, while consents for apartments fell 14 percent to 367 and consents for townhouses, flats and units dropped 20 percent to 350. Retire...

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