Building boom still going suggest December quarter figures
The building boom slowed in the December quarter, according to Statistics New Zealand's latest figures out today.
Saturday, March 6th 2004, 1:04AM
by The Landlord
These showed the value of residential building work completed up 2.9 per cent to $1.748 billion in the December quarter over the September quarter.The rise over the December 2002 quarter was a more impressive 23 per cent.
The value of non-residential building work fell to $892 million in the December 2003 quarter from the $930.7 million in the September quarter -- a fall of 4.2 per cent.
Non residential work in the December quarter was up 2 per cent on the year ago quarter.
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