New Zealand building permits +14.9% m/m (prior-8.6%)
Stats NZ add that:the number of new homes consented was higher than any February month between 1975 and 2018Experimental statistics released today indicate that it currently takes about 18 months on average for consented new dwellings to be built.Building consents +14.9% m/m prior-8.6%for the y/y -6.0% This article was written by Eamonn Sheridan at www.forexlive.com.
Stats NZ add that:
- the number of new homes consented was higher than any February month between 1975 and 2018
- Experimental statistics released today indicate that it currently takes about 18 months on average for consented new dwellings to be built.
Building consents +14.9% m/m
- prior-8.6%
- for the y/y -6.0%