NZ residential building consents rise 6.6% in April as housing intentions jump

Mon, 30 May 2016

By Paul McBeth May 31 (BusinessDesk) - New Zealand residential building consents climbed 6.6 percent in April as new housing intentions climbed at their fastest monthly pace in eight years. Seasonally adjusted consents rose to 2,390 in April from 2,242 a month earlier, Statistics New Zealand said. For houses alone, permits jumped 15 percent to 1,913, the biggest monthly gain since April 2008. On an unadjusted basis, new housing consents were up 28 percent to 1,742 in April from the same month a year earlier, and up 12 percent on an annua...

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