NZ residential building consents fall 7.6% in April due to Easter holiday

Mon, 29 May 2017

By Tina Morrison May 30 (BusinessDesk) - New Zealand residential building consents dropped 7.6 percent in April, as the Easter holiday period reduced the number of days that councils processed applications. Seasonally adjusted dwelling consents fell to 2,106 in April from 2,361 in April last year, Statistics New Zealand said. The agency attributed the drop to the timing of Easter, which fell in April this year. "Councils don’t usually issue building consents on public holidays, so the timing of Easter drove a fall in April’s building c...

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