The total number of building permits issued in New Zealand increased in January, after falling in the previous two months, figures from Statistics New Zealand showed Monday.
The number of new dwellings consented rose a seasonally adjusted 0.8 percent month-over-month in January, reversing a 7.9 percent decline in December.
Including alterations, the value of building work consented in January was $1.1 billion, comprising $748 million of residential work and $338 million of non-residential work.
In the year ended January 2017, 30,123 new dwellings were consented, up 11 percent from the January 2016 year.
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