NZ residential building consents fall for a second month in August

Thu, 29 Sep 2016

By Paul McBeth Sept. 30 (BusinessDesk) - New Zealand residential building consents fell for a second month as more permits for new houses couldn't offset a dip in the more volatile intentions to construct apartments and retirement village units. Seasonally adjusted dwelling consents fell 1 percent to 2,636 in August, continuing from an 8.1 percent drop a month earlier, Statistics New Zealand said. Permits for new houses rose 4.4 percent to 1,872 in the month, turning around the 5.8 percent fall a month earlier. On an annual basis, reside...

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