by Benn Bathgate
The March quarter fall follows an increase of 2.8 per cent in the December 2011 quarter.
"The overall decrease in the March 2012 quarter was due to a fall in residential work, which more than offset a rise in non-residential work," said industry and labour statistics manager Blair Cardno.
"Building activity in Canterbury showed signs of picking up after the earthquakes, particularly for non-residential building work. However, overall building activity decreased in the rest of New Zealand."
Statistics NZ said the trend for overall building activity continued to rise from the 10-year low point of the September 2011 quarter.
The trend for residential building activity has risen slightly from an 18-year low point, while the trend for non-residential building activity shows a moderate rise after falling for most of 2011.
Benn Bathgate is a business reporter for ASSET and Good Returns, email story ideas to benn@goodreturns.co.nz
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