New Zealand Building Permits Rebound In October

Posted on Nov 28, 2014

Building permits in New Zealand rose 8.8 percent month-over-month in October following a 12 percent drop in September, according to a report published by Statistics New Zealand. The pace of increase was the fastest since November 2013. Building consents stood at a seasonally adjusted 2,152 new homes in October, valued at over NZ$1.2 billion.

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