| From Nzherald.co.nz: New Zealand's residential property sector remained subdued last month with permits for new construction edging up from a slump in May, while commercial property extended its decline.
Consents for new homes, excluding apartment approvals, rose 1.7 per cent to 1,316 in June from the same month a year ago after a 10 per cent slump a month earlier, according to Statistics New Zealand data. Including apartments the number of new homes authorised rose 3.5 per cent to 1,373..............................................Full Article: Source
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