New Zealand Building Consents Ease 0.2% In March
(RTTNews) - The total number of building permits issued in New Zealand was down a seasonally adjusted 0.2 percent on month in March, Statistics New Zealand said on Thursday - coming in at 2,931.
That followed the 15.9 percent increase in February.
Individually, permits were issued for 1,297 townhouses, flats, and units; 1,251 stand-alone houses; 224 apartments; and 159 retirement village units.
In the year ended March 2024, the actual number of new dwellings consented was 35,236, down 25 percent on year.
The annual value of non-residential building work consented was NZ$9.5 billion, down an annual 1.1 percent.
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