New Zealand Building Consents for April
more to come ... just waiting for Stats NZ to pull the finger out and get the report up
K .... here it comes now
- Up 6.6% m/m (seasonally adjusted)
- Up 12% y/y
- Annual dwellings total still at 11-year high
- "The easing trend for new dwellings has been caused by a lull in apartment consents, especially in Auckland," business indicators senior manager Neil Kelly said. "However, apartment numbers tend to be quite volatile. For stand-alone houses, the trend is still increasing."
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Still a strong pipeline of future building works in the NZ economy
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NZD/USD up a few ticks but not a lot in it