NZ residential building consents buoyed by strong Auckland market in August

Thu, 27 Sep 2018

By Paul McBeth Sept. 28 (BusinessDesk) - New Zealand residential building consents snapped two months of declines in August as growing intentions in Auckland buoyed the national market. Seasonally adjusted consents rose 7.8 percent to 2,713 last month, reversing an 11 percent decline in July, Stats NZ said. New house permits also increased for the first time in three months, edging up 0.2 percent 1,667. New building intentions in Auckland underpinned the increase, with a record 12,959 residential properties permitted in the year ende...

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