> New Zealand Building Consents: +7.6% m/m (vs. expected -5.0%)

New Zealand Building Consents: +7.6% m/m (vs. expected -5.0%)

Wednesday, 29/01/2014 | 21:45 GMT-0

prior was +12.5% (revised higher from +11.1%)
From Statistcs NZ: “The annual number of new dwellings is at its highest level since 2007. The rise in 2013 was mainly driven by increases in Auckland and Canterbury… December saw a high number of apartments consented in Auckland, and a high number of houses consented in Christchurch”