August Building Consents (also known as Building Permits), comes in flat (as expected) at 0.0% m/m change
- expected flat at 0.0% m/m change
- prior was +0.1%
–
From Statistics New Zealand:
- The trend for the number of new dwellings consented is at its highest level since August 2007
- The rate of growth is slowing
- “The trend for new dwellings has more than doubled since the series low in March 2011, but is still 25 percent below the series peak in January 2004”
New Zealand building consents
(If you are unable to see the graph I have posted it to Twitter as well, where you can see it … @ForexLive )
… Aaaand … here it is (you should be able to see this one):
