New Zeeland home building consents rebounded in February

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31 marzo 2017

New Zeeland home building consents rebounded in February

Home building consents rebounded in February 2017, but were up only slightly from February 2016, Stats NZ said today.

A total of 2,418 new homes were consented in February 2017 - up 1.6 percent from February 2016.

In seasonally adjusted terms, this was a 14 percent increase from January 2017. However, this only partly reversed large falls in November and December 2016.

"While we saw a strong seasonally adjusted increase this February, the actual number of homes consented was up only slightly from last year," business indicators senior manager Neil Kelly said.

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