NZ building consents static in May as Auckland intentions decline

Mon, 29 Jun 2015

By Suze Metherell June 30 (BusinessDesk) - New Zealand building consents were virtually static in May as dwindling demand in Auckland offset increased construction intentions in other parts of the country. Seasonally adjusted consents for all dwelling types was little changed at 2,151 in May, from 2,150 in April, according to Statistics New Zealand. Housing consents rose 2.4 percent to 1,520, following a 1.8 percent decline in April. On an unadjusted basis, new dwelling consents rose 2.2 percent to 2,171 in May from the same month a y...

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