NZ building consents on the riseFriday 7 Jun 2013 Approvals for 1755 new houses and apartments were issued last month in New Zealand, the highest monthly number for five years and 43 per cent higher than a year ago. Registered Master Builders' Federation chief executive Warwick Quinn said it was good to see consents on the rise, "but if you take away the growth in Auckland and Canterbury, it's still a reasonably flat environment, really". Economists said the jump in consents was partly due to the timing of Easter, which meant March's figures were probably understated. Even so, "underlying consent activity is strengthening", said Benjamin Patterson, of Infometrics. Source: Stuff.co.nz
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