8 Jan 2014
New Zealand building consents soar in Nov
FXstreet.com (Bali) - As reported by the New Zealand Bureau of Statistics, in November 2013, building consents issued rose by 11.1% vs -0.6% the previous month.
Key findings
Building consents were issued for:
2,267 new dwellings, including apartments
492 apartments, including 61 retirement village units
1,775 non-apartment dwellings.
The seasonally adjusted number of new dwellings, excluding apartments, fell 0.5 percent. The trend for the number of new dwellings, excluding apartments, is 65 percent higher than its most recent low point in March 2011.
The unadjusted value of building work consented in November 2013 was $1,087 million. This consisted of $798 million of residential work and $289 million of non-residential work.
Key findings
Building consents were issued for:
2,267 new dwellings, including apartments
492 apartments, including 61 retirement village units
1,775 non-apartment dwellings.
The seasonally adjusted number of new dwellings, excluding apartments, fell 0.5 percent. The trend for the number of new dwellings, excluding apartments, is 65 percent higher than its most recent low point in March 2011.
The unadjusted value of building work consented in November 2013 was $1,087 million. This consisted of $798 million of residential work and $289 million of non-residential work.