The total number of building approvals issued in New Zealand was up a seasonally adjusted 4.7 percent on month in February, Statistics New Zealand said on Tuesday – coming in at 3,285.
That follows the 2.0 percent decline in January.
Individually, permits were issued for 1,994 stand-alone houses, 831 townhouses, flats, and units, 234 apartments and 226 retirement village units.
On a yearly basis, approvals jumped 11.0 percent for a total of 37,882 over the 12-month period.
The annual value of non-residential building work consented was NZ$7.3 billion, up 2.3 percent from the February 2019 year.
For comments and feedback contact: email@example.com
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.