The total number of building consents issued in New Zealand was down a seasonally adjusted 1.3 percent on month in July, Statistics New Zealand said on Friday - coming in at 3,420.
That follows the downwardly revised 4.0 percent drop in June (originally -3.9 percent).
In the year ended July 2019, the actual number of new dwellings consented was 35,472, up 8.0 percent on year.
The annual value of non-residential building work consented was NZ$7.6 billion, up an annual 11 percent.
Individually, consents were issued for 2,101 stand-alone houses; 652 townhouses, flats, and units; 513 apartments; and 154 retirement village units.
For stand-alone houses only, the seasonally adjusted number rose 4.8 percent.
By region, the numbers of new dwellings consented in the year ended July 2019 were: 14,236 in Auckland - up 11 percent; 4,102 in Waikato - up 19 percent; 2,724 in Wellington - down 0.4 percent; 5,726 in rest of North Island - up 1.4 percent; 5,081 in Canterbury - up 7.5 percent; and 3,596 in rest of South Island - up 4.0 percent.
In the year to July, the non-residential building types with the highest values were: social, cultural, and religious buildings - NZ$1.1 billion (up 62 percent); shops, restaurants, and bars - NZ$1.0 billion (up 2.3 percent); and education buildings - NZ$1.0 billion (down 11 percent).
The material has been provided by InstaForex Company - www.instaforex.com
source http://www.mt5.com/forex_news/quickview/2142277/
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