NZ residential building consents rise 2.6% in October

Sun, 18 Dec 2016

By Tina Morrison Dec. 19 (BusinessDesk) - New Zealand's residential building consents rose for the first month in four in October, boosted by two apartment projects in Wellington. Seasonally adjusted dwelling consents increased 2.6 percent to 2,683 in October, following declines in July, August and September, Statistics New Zealand said. Permits for new houses fell 1.3 percent to 1,788, following a 2.7 percent decline in September. The monthly figures were bolstered by a jump in Wellington permits, which rose 140 percent to 303 due to two...

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