New Zealand Building Permits Spike 7.2% In September

The total number of building permits issued in New Zealand was up a seasonally adjusted 7.2 percent on month in September, Statistics New Zealand said on Thursday – after rising 0.9 percent in August.

In the year ended September 2019, the actual number of new dwellings consented was 36,446, up 12 percent on year.

The annual value of non-residential building work consented was NZ$7.6 billion, up an annual 13 percent.

In September, there were 3,347 new dwellings were consented, comprising: 1,744 stand-alone houses, 816 townhouses, flats, and units, 611 apartments and 176 retirement village units.

The material has been provided by InstaForex Company –