News
Home-building approvals climb, adding weight to recovery
Monday 30th of November 2009
The number of consents issued surged 11.7% to 1,397 in October, seasonally adjusted, from the previous month, according to Statistics New Zealand. Excluding apartments, permits climbed 11.2% to 1,295, the highest since June 2008.
The consents data adds to signs of a revival in the housing sector, with home sales surging 36% last month from October 2008, according to Real Estate Institut...
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