New Zealand Building Permits April: -1.9% m/m For the y/y +6.0% the first increase in the number of new homes consented when compared with the same mo
New Zealand Building Permits April: -1.9% m/m
For the y/y +6.0%
- the first increase in the number of new homes consented when compared with the same month in the previous year, since September 2022
Stats NZ with the caveat on the y/y :
- There were 20 working days in April 2024 compared with 17 in April 2023, with Good Friday falling in March in 2024. More working days in a month means more time for building consent authorities to issue consents for new homes.
NZD/USD barely moving on this data point
more to come
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