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Reuters
Reuters
Business

New Zealand building consents rise in March

FILE PHOTO - Cranes located on construction sites are seen near high-rise residential apartment buildings in central Auckland, New Zealand, June 25, 2017. REUTERS/David Gray/File Photo

Reuters - The number of new dwelling consents approved in New Zealand rose a seasonally adjusted 14.7 percent in March compared with a 6.4 percent rise in the previous month, data from Statistics New Zealand showed on Tuesday.

Excluding apartments, flats, and retirement village units, the number of consents for new houses was up 0.1 percent.

Building consents were 5.3 percent higher than the same month a year ago.

(Wellington newsroom)

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