NZ residential building consents edge up in September, snapping two months of falls

Sun, 30 Oct 2016

By Paul McBeth Oct. 31 (BusinessDesk) - New Zealand's residential building consents crept up in September, snapping declines in the previous two months, as a spurt in Wellington apartment permits offset a decline in new house permits. Seasonally adjusted dwelling consents increased 0.2 percent to 2,618 in September, turning around a 1.5 percent decline in August, Statistics New Zealand said. Permits for new houses fell 2.5 percent to 1,813, having gained 4.1 percent a month earlier. The monthly figures were bolstered by a jump in Welling...

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