NZ residential building consents lift in March on multi unit projects

Mon, 30 Apr 2018

By Rebecca Howard May 1 (BusinessDesk) - New Zealand residential building consents rose in March, largely boosted by multi-unit projects such as apartments. Seasonally adjusted consents for all dwellings increased 14.7 percent on the month in March to 3,025 while seasonally adjusted permits for houses were up 0.1 percent to 1,769, Stats New Zealand said. In the year ended March 31, permits for new dwellings rose 2.5 to 31,392, led by a 27.5 percent gain in apartment consents to 3,406 and a 14.8 percent gain in townhouses, flats and u...

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