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Building consent decline continues

Thursday 1st of September 2005

Month-on-month residential consents were down 7 per cent in July compared with June.

Statistics New Zealand (SNZ) says consents for 1,992 new dwelling units were issued in July 2005, which is 362 (15%) fewer than in July 2004. The trend for the number of new dwelling units continues to decline and is now 17% lower than at the December 2004 high point.

Apartment units account for 19% of...

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