NZ building consents lift in February, led by new townhouses, flats and units

NZ building consents lift in February, led by new townhouses, flats and units
Rebecca Howard
By Rebecca Howard March 29 (BusinessDesk) - New Zealand residential building consents lifted in February bolstered by consents for new townhouses, flats, units, and apartments.  Seasonally adjusted consents increased 5.7 percent on the month in February to 2,587, with new permits for houses rising 2 percent to 1,765, Statistics New Zealand said. In the year to the end of February, the figures show new permits for residential property rose 3.6 percent to 31,245, led by a 29 percent gain in apartment consents to 3,166 and a 12 percent ga...