NZ residential building consents jump 20% in July, driven by Auckland intentions

Sun, 30 Aug 2015

By Paul McBeth Aug. 31 (BusinessDesk) - New Zealand residential building consents jumped by a fifth in July, turning around a decline in June, and spurred by increased construction intentions in Auckland. Seasonally adjusted consents climbed to 2,525 in July, from 2,096 a month earlier, according to Statistics New Zealand. Of that, house building consents gained 12 percent to 1,710 in the month. On an unadjusted basis, new dwelling consents rose 24 percent to 2,824 from July 2014, led by a 54 percent jump in intentions to build townho...

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