Economists think building boom will last

The building industry had a bumper month in November and economists are predicting it will continue in to 2004.

Friday, January 9th 2004, 5:34AM

by The Landlord

Statistics New Zealand today confirmed the 3032 consents for new dwellings issued in November easily trumped the 2399 for October and 2342 for September.

Residential buildings accounted for 70 per cent of the $861 million worth of consents issued in November.

The number of consents issued in November was the greatest for that month since 1973, Statistics NZ said in a statement

Read More - Opens in a new window
« Himatangi house prices head skywardTaranaki tops the places-to-go list »

Special Offers

Commenting is closed

www.GoodReturns.co.nz

© Copyright 1997-2024 Tarawera Publishing Ltd. All Rights Reserved