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New Zealand Building Permits Sink 5.3% In August

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

The total number of building permits issued in New Zealand was down a seasonally adjusted 5.3 percent on month in August, Statistics New Zealand said on Tuesday - coming in at 2,881 consents.

That follows the 26.4 percent spike in July.

Individually, permits were issued for 1,422 stand-alone houses; 1,137 townhouses, flats, and units; 275 retirement village units; and 47 apartments.

On a yearly basis, permits were down 20 percent at 33,632.

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