NZ residential building consents fall 7.6% in June after strong lift in May

NZ residential building consents fall 7.6% in June after strong lift in May
Rebecca Howard
By Rebecca Howard July 31 (BusinessDesk) - New Zealand residential building consents fell 7.6 percent in June after rising 6.9 percent in May when they were driven by a strong lift in residential building consents in Auckland. Seasonally adjusted consents for all dwellings fell to 2,857 in June from 3,092 in May while seasonally adjusted permits for stand-alone houses were down 3.1 percent to 1,807, Statistics New Zealand said. “The number of new homes consented fell in June, when adjusted for seasonal factors. This was down from a par...