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Financial News: New Zealand Building Permits Fall In April

New Zealand Building Permits Fall In April

05/30/2018 - 00:48:00 (RTTNews)

(RTTNews) - The total number of residential building permits issued in New Zealand decreased in April, figures from Statistics New Zealand showed Wednesday.

The number of new homes consented fell a seasonally adjusted 3.7 percent month-over-month in April, reversing a 13.0 percent spike in March.

The number of stand-alone houses consented dropped 1.4 percent.

In the year ended April 2018, in actual terms, 32,015 new dwellings were consented, the highest number since 2004.

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