NZ residential building consents hit highest annual total in more than a decade

NZ residential building consents hit highest annual total in more than a decade
Tina Morrison
By Tina Morrison July 29 (BusinessDesk) - New Zealand residential building consents reached their highest annual total in more than a decade, driven by activity in Auckland and surrounding regions. Seasonally adjusted consents increased 16 percent to 29,097 in the year through June, the highest total for a June year since 2004 and the highest annual total since the April 2005 year, Statistics New Zealand said. For the month of June, new home consents rose 16 percent from May and 35 percent from June last year, the agency said. Record n...