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Decline in building consents

Monday 29th of February 2016

The latest Statistics New Zealand consent data shows that Canterbury consented 289 new dwellings in January 2016.

This was a drop of 38% as compared to January 2015.

Business indicators senior manager Neil Kelly said that, while January is usually a quiet month for building consents, Canterbury had the lowest January number in five years.

Canterbury’s trend for new dwellings peaked in September 2014, following three-and-a-half years of sustained growth.

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