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Declining trend in building consents

Friday 29th of May 2015

The latest Statistics NZ data shows that 2,112 new dwellings were consented in April, which is up 1.4% from April last year.

But, once seasonally adjusted, the number of consents fell 1.7% in April, following a 10% rise in March.

Further, when it comes to houses, the seasonally adjusted number of consents fell 2.7% in April, following a 7.2% rise in March.

Statistics NZ business indicators manager Neil Kelly said the overall dwelling consent trend is easing, while the house consent trend has now been decreasing for 13 months.

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