New Zealand October Building Consents / Permits: +8.8% m/m (prior -12.2%)

New Zealand October Building Consents / Permits: +8.8% m/m

• prior -12.2%

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Comments from Statistics New Zealand:

• The trend for the number of new dwellings consented is decreasing
• “The trend for new dwellings was recently at its highest level in seven years. While it’s now decreasing, the trend is still 6 percent higher than at the same time last year”