Apartments pull building consent figures down
New Zealand home-building consents fell in January because a drop in the number of apartment approvals offset gains in other types of dwellings.
Thursday, February 28th 2013, 12:00AM
by The Landlord
Seasonally-adjusted building consents fell 0.4% in the month, after lifting 9.4% in December, according to Statistics New Zealand’s latest figures, out today.
Compared to the same time last year, they were up 17.4%. Almost 60% of the consents issued were in Auckland and Christchurch.
Auckland’s consents rose 60% in January from a year earlier to 372. Canterbury consents fell by one to 378.
Apart from volatile apartment consents, building consents were up almost 10% in January.
| « Govt moves to cool housing market | Free Investment Property Showcase Events: Auckland, Wellington and Christchurch » |
Special Offers
Comments from our readers
No comments yet
Sign In to add your comment
|
|
Printable version |
|
Email to a friend |
