The total number of building permits issued in New Zealand was down a seasonally adjusted 4.9 percent on month in August, Statistics New Zealand said on Wednesday - standing at 2,291.
That follows the downwardly revised 20.3 percent surge in July.
The actual value of building work consented in August was NZ$1.5 billion.
On a yearly basis, the value of residential work was up NZ$102 million (13 percent) to NZ$862 million, while non-residential work was up NZ$229 million (52 percent) to NZ$671 million.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.