Financial News: New Zealand Building Consents Climb 5.4% In July

New Zealand Building Consents Climb 5.4% In July

08/31/2025 - 18:56:00 (RTTNews)

(RTTNews) - The total number of building permits issued in New Zealand was up a seasonally adjusted 5.4 percent on month in July, Statistics New Zealand said on Monday - coming in at 3,252.

That was in line with expectations following the upwardly revised 6.0 percent contraction In June (originally -6.4 percent).

In July, permits were issued for 1,512 stand-alone houses; 1,413 townhouses, flats, and units; 192 apartments; and 135 retirement village units.

In the year ended July 2025, the actual number of new dwellings consented was 33,879, down 0.1 percent on year.

The annual value of non-residential building work consented was NZ$9.0 billion, up 0.8 percent on year.

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