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Number of new homes consented in June drops from May’s high - Stats NZ

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Fuseworks Media
Fuseworks Media

The seasonally adjusted number of new homes consented fell 7.6 percent in June 2018, Stats NZ said today. This followed a 6.9 percent rise in May.

"The number of new homes consented fell in June, when adjusted for seasonal factors. This was down from a particularly high number in May, that was driven by Auckland," construction indicators manager Melissa McKenzie said.

However, the actual number of new homes consented in both Auckland (1,001) and nationally (2,792) were up compared with June 2017.

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