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Tuesday, 5 May 2020

New Zealand Building Permits Plunge 21.3% In March

The total number of building permits issued in New Zealand in March was down a seasonally adjusted 21.3 percent on month in March, Statistics New Zealand said on Tuesday - coming in at 2,904.

That follows the upwardly revised 5.7 percent increase in February (originally 4.7 percent).

In March, dwellings were consented for: 1,722 stand-alone houses; 788 townhouses, flats, and units; 290 apartments; and 104 retirement village units.

In the year ended March 2020, the actual number of new dwellings consented was 37,606, up 9.0 percent from the March 2019 year.


The material has been provided by InstaForex Company - www.instaforex.com

source http://www.mt5.com/forex_news/quickview/2156304/

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