NZ residential building consents dip in March

Thu, 27 Apr 2017

By Rebecca Howard April 28 (BusinessDesk) - New Zealand residential building consents dipped in March after a strong rise in February. Seasonally adjusted dwelling consents fell 1.8 percent to 2,651 in March after rising a revised 17 percent in February, Statistics New Zealand said. New housing permits fell a seasonally adjusted 5.2 percent to 1,758. On an actual basis, annual residential permits rose 10 percent to 30,626 in the year ended March 31. Of that total, housing consents rose 8.7 percent to 21,434, apartments were up 5.3 p...

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