New Zealand March Building Permits: +11.0 % m/m
- prior was -6.5%, revised from -6.3%
This is a volatile number .... living up to its rep today ...
From Stats NZ:
- The number of new dwellings consented was 14 percent higher in March 2015 than in March 2014
- This was the highest number of new dwellings consented in a March month since 2006
- The seasonally adjusted number of new dwellings consented increased 11 percent in March 2015, after recent falls
- The trend for the number of new dwellings consented has flattened in recent months.