Value of NZ building work moves higher in second quarter, volumes slip

Mon, 04 Sep 2017

By Rebecca Howard Sept. 5 (BusinessDesk) - The value of New Zealand building work rose in the June quarter as both non-residential and residential activity ticked up, even as volumes eased as construction winds down in Canterbury, says Statistics New Zealand. The seasonally adjusted value of total building work rose 0.9 percent in the three months ended June 30, after falling 2.2 percent in the March quarter. Residential work rose 1 percent while non-residential work increased a seasonally adjusted 0.6 percent in the quarter. Still,...

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