New Zealand home consents hit 13-year high

PHOTO: 123rf.com – There were 3,317 consents issued for apartments in the November 2017 year, compared with 2,692 the previous 12 months.

The number of new homes consented in New Zealand hit a 13-year high in November 2017, boosted by apartments in Auckland.

The figures released by Stats NZ on Friday show a near-record month in Auckland – driven by a spike in apartment consents – lifted consents nationally to 3,262 in November last year.

“In November Auckland home consents reached their second-highest level on record,” construction statistics manager Melissa McKenzie said.

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