Powered by MOMENTUM MEDIA
the adviser logo
Lender

NZ building plans slump to seven year low

by Staff Reporter1 minute read
The Adviser

Building consents in New Zealand continued to decline in June, Statistics New Zealand revealed yesterday.

Just 1,362 housing units were authorised for construction in June, the lowest figure since 2001.

Residential building consents were valued at $455 million, a significant $236 million down from June 2007.

Non-residential building consents were also down $69 million from June 2007 at $313 million.

Published: 30-07-08

default
magazine
Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
Read more