News
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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