New Zealand seeing increasing number of new homes being built

Building consents for new dwellings are at a higher level in New Zealand than last year, up 12% in April compared with the same month in 2015. In seasonally adjusted terms the number increased by 6.6% but growth has eased in recent months, according to the data from Statistics New Zealand. However, the annual total is still at an 11 year high although most of the growth has been in Auckland and nearby regions, while Canterbury has decreased. The apartments component has been virtually unchanged ...