NZ residential consents hit 13-year high in August on Auckland apartments, retirement village units

NZ residential consents hit 13-year high in August on Auckland apartments, retirement village units
Sophie Boot
By Sophie Boot Sept. 29 (BusinessDesk) - New Zealand's monthly residential building consents rose to a 13-year high in August with more apartments and retirement village units in Auckland driving gains. Some 3,166 new houses, apartments, townhouses, retirement village units and flats were consented in August, up 10 percent from a year earlier, Statistics New Zealand said in a statement. Of that total, 2,025 houses were consented, up 0.5 percent from August 2016, while consents for apartments rose 65 percent to 384 and consents for townhou...