NZ building consents fall in May as apartment numbers sink

Sun, 29 Jun 2014

June 30 (BusinessDesk) – The number of dwelling consents issued in New Zealand fell in May as apartment numbers tumbled, offsetting a rise in housing consents. The number of building permits, including apartments, fell to a seasonally adjusted 2,021 in May from 2,120 in April, according to Statistics New Zealand. The seasonally adjusted number of consents for new houses, excluding apartments, rose 4.6 percent in May. “A fluctuation in apartment numbers from April to May caused the seasonally adjusted number of new dwellings, including apa...

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