Financial News: New Zealand Building Permits Sink 1.3% In March

New Zealand Building Permits Sink 1.3% In March

04/30/2026 - 18:53:00 (RTTNews)

(RTTNews) - The total number of building permits issued in New Zealand was down a seasonally adjusted 1.3 percent on month in March, Statistics New Zealand said on Friday - coming in at 3,677.

That follows the upwardly revised 2.8 percent increase in February (originally 2.7 percent).

Individually, permits were issued for 1,729 stand-alone houses, 1,556 townhouses, flats, and units, 265 apartments and 127 retirement village units.

In the year ended March 2026, the actual number of new dwellings consented was 37,813, up 11 percent on year. The annual value of non-residential building work consented was NZ$9.0 billion, up 1.2 percent from the year ended March 2025.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Rebounds From Record Low In June (01 min(s), 34 sec(s) ago)
(RTTNews) - With consumers experiencing some relief due to the early-month easing in gasoline pric ...Full Story»

Brent Crude Oil Prices May Climb 36% In 2026 On Middle East Conflict: World Bank (11 min(s), 34 sec(s) ago)
(RTTNews) - The persisting conflict in the Middle East and the closure of the Strait of Hormuz are ...Full Story»

India Inflation Climbs To 3.93% In May (43 min(s), 34 sec(s) ago)
(RTTNews) - India's consumer price inflation accelerated further in May to the highest level i ...Full Story»

U.K. Economy Shrinks For First Time Since August (01 min(s), 34 sec(s) ago)
(RTTNews) - The U.K. economy contracted for the first time since August last year as the U.S.-Iran ...Full Story»

Hong Kong Industrial Output Growth Slows In Q1 (12 min(s), 26 sec(s) ago)
(RTTNews) - Hong Kong's industrial production expanded at a slower pace in the first quarter o ...Full Story»

Spain Inflation Stable At 3.2% (25 min(s), 26 sec(s) ago)
(RTTNews) - Spain's consumer prices logged a steady increase in May, final data from the stati ...Full Story»

Croatia Producer Price Inflation Eases To 6.7% (34 min(s), 26 sec(s) ago)
(RTTNews) - Croatia's producer price inflation slowed slightly in May from a 31-month high in ...Full Story»

Turkey Current Account Deficit Narrows In April (47 min(s), 26 sec(s) ago)
(RTTNews) - Turkey's current account surplus decreased in April from a year ago, according to ...Full Story»