NZ residential building consents rise 2.3% in December, driven by Auckland and neighbouring regions

NZ residential building consents rise 2.3% in December, driven by Auckland and neighbouring regions
Sophie Boot
By Sophie Boot Jan. 29 (BusinessDesk) - New Zealand building consents rose in December with demand from Auckland and nearby regions increasing most, while annual dwelling consents reached an 11-year high. Seasonally adjusted consents for all dwelling types advanced 2.3 percent to 2,464 in December, according to Statistics New Zealand. Housing consents increased 0.8 percent to 1,717, following a 1 percent increase in November. On an unadjusted basis, new dwelling consents rose 15 percent to 2,538 in December from the same month a year e...