NZ building consents rise in March, snapping declines

Wed, 29 Apr 2015

By Paul McBeth April 30 (BusinessDesk) - New Zealand building consents rose in March, snapping three months of declines, with increased intentions to build townhouses, units and retirement villages. Seasonally adjusted dwelling consents climbed 11 percent to 2,175 in March from a month earlier, the biggest monthly gain since April 2013, and turning from a 6.5 percent fall in February, according to Statistics New Zealand. Of that, permits for new houses gained 7.1 percent to 1,515 in March, its second monthly gain, and the biggest increase...

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