Friday , 22 November 2024
Home Forex New Zealand building permits +14.9% m/m (prior-8.6%)
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New Zealand building permits +14.9% m/m (prior-8.6%)

Stats NZ add that:

  • the number of new homes consented was higher than any February month between 1975 and 2018
  • Experimental statistics released today indicate that it currently takes about 18 months on average for consented new dwellings to be built.

Building consents +14.9% m/m

  • prior-8.6%
  • for the y/y -6.0%

This article was written by Eamonn Sheridan at www.forexlive.com.

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