Financial News: New Zealand Building Permits Sink 4.3% In July

New Zealand Building Permits Sink 4.3% In July

09/01/2026 - 18:54:00 (RTTNews)

(RTTNews) - The total number of building permits issued in New Zealand was down a seasonally adjusted 4.3 percent on month in July, Statistics New Zealand said on Wednesday - coming in at 3,579.

That follows the downwardly revised 3.7 percent drop in June (originally -3.6 percent).

Individually, permits were issued for 1,769 stand-alone houses; 1,567 townhouses, flats, and units; 196 apartments; and 47 retirement village units.

In the year ended July 2026, the actual number of new dwellings consented was 40,908, up 21 percent from the year ended July 2025.

The annual value of non-residential building work consented was NZ$8.8 billion, down 2.5 percent from the year ended July 2025.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

South Korea Consumer Prices Rise 0.2% In August (26 min(s), 47 sec(s) ago)
(RTTNews) - Consumer prices in South Korea were up a seasonally adjusted 0.2 percent on month in A ...Full Story»

New Zealand Building Permits Sink 4.3% In July (46 min(s), 47 sec(s) ago)
(RTTNews) - The total number of building permits issued in New Zealand was down a seasonally adjus ...Full Story»

New Zealand Rate Decision Due On Wednesday (01 hr(s), 41 min(s), 47 sec(s) ago)
(RTTNews) - The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday ...Full Story»

Cyprus GDP Growth Strengthens In Q2 (03 hr(s), 10 min(s), 47 sec(s) ago)
(RTTNews) - Cyprus' economic growth improved in the second quarter of this year after slowing ...Full Story»

Croatia Inflation Picks Up Speed After 3-Month Slowdown (04 hr(s), 52 min(s), 47 sec(s) ago)
(RTTNews) - Croatia's consumer price inflation accelerated in August after slowing over the pr ...Full Story»

U.S. Construction Spending Unexpectedly Falls 0.5% In July (08 hr(s), 59 min(s), 47 sec(s) ago)
(RTTNews) - Partly reflecting a steep drop in spending on residential construction, the Commerce D ...Full Story»

U.S. Manufacturing Index Pulls Back Slightly More Than Expected In August (09 hr(s), 08 min(s), 47 sec(s) ago)
(RTTNews) - A report released by the Institute for Supply Management on Tuesday showed a modest sl ...Full Story»

UK Manufacturing Growth Eases In August (09 hr(s), 13 min(s), 47 sec(s) ago)
(RTTNews) - The UK manufacturing activity expanded at the weakest pace in five months in August as ...Full Story»