The number of building consents issued in New Zealand was up a seasonally adjusted 5.3 percent on month in November, Statistics New Zealand said on Monday - erasing the 5.2 percent decline in October.
In November, there were 3,100 new dwellings consented, including 1,437 townhouses, flats, and units; 1,402 stand-alone houses; 186 apartments; and 75 retirement village units.
In the year ended November 2024, the actual number of new dwellings consented was 33,609, down 12 percent from the year ended November 2023.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.