NZ building consents fell 5.2% in April due to public holidays

Thu, 29 May 2014

By Tina Morrison May 30 (BusinessDesk) - New Zealand building consents issued for residential housing, excluding apartments, fell 5.2 percent in April following strong gains the previous two months as activity slowed due to public holidays. The number of consents for new houses, excluding apartments which can be volatile, fell to a seasonally adjusted 1,720 in April, following gains of 1,814 in March and 1,800 in February, according to Statistics New Zealand. Including apartments, seasonally adjusted new dwelling consents rose 1.5 percent...

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