Rising Trend in New Housing Consents Continues

In October 2006 building consents were issued for 2,377 new housing units, 476 more than during the previous October, Statistics New Zealand said today.

There were 373 apartment units authorised in October 2006 (with 317 in the Auckland region), compared with 493 in September and 266 in August. Apartment units accounted for 16 percent of all new housing units authorised in October, comp...