Building consents up 17%
Canterbury consents are driving the rise.
Canterbury consents are driving the rise.
Earthquake-related building is boosting the strong rise in new home approvals.
Statistics New Zealand data reveals building consents rose 17% in August (on a seasonally adjusted basis and excluding apartments), boosted by a 57 earthquake-related dwellings.
It’s the second consecutive month of growth in building consents and confirms the trend for the number of new dwellings authorised, including apartments, as increasing since March.
Statistics NZ data revealed:
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