Across all buildings, the value was up 20 percent to $1.41 billion in April and 14 percent in the year to $17.08 billion. Photo / NZPA
New Zealand residential building consents climbed 6.6 percent in April as new housing intentions climbed at their fastest monthly pace in eight years.
Seasonally adjusted consents rose to 2,390 in April from 2,242 a month earlier, Statistics New Zealand said. For houses alone, permits jumped 15 percent to 1,913, the
biggest monthly gain since April 2008.
On an unadjusted basis, new housing consents were up 28 percent to 1,742 in April from the same month a year earlier, and up 12 percent on an annual basis to 20,098, the most for an April year since 2007.
Permits for all dwelling types rose an unadjusted 12 percent to 2,361 in April from a year earlier, for a 12 percent annual increase to 28,038, an 11-year high.
Statistics NZ said the slower pace of increase across all dwelling types was due to a slump in the number of apartments consented, especially in Auckland.
