News

Building approvals fall to 22-year low

Tuesday 30th of September 2008
The number of permits issued fell 7.9% to 1,284, seasonally adjusted, in August, extending a 1.7% slide in July, Statistics New Zealand (SNZ) said. The number of approvals tumbled 43.3% from a year earlier.

Excluding apartments, consents fell 8.9%.

Non-residential consents were valued at $362 million, down $36 million from August last year.

For the year ended Augus...
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