New Zealand building consents for July: +0.1% m/m
- expected is +1.0%
- prior was +3.5%
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From Statistics New Zealand
- The trend for the number of new dwellings consented is at its highest level since August 2007
- “The trend for new dwellings has more than doubled since March 2011, but is still 26 percent below the series peak in January 2004,” business indicators manager Neil Kelly said
