Dwelling consents
Quality analysis, unlike that done by the bank economists and Reserve Bank, points to a dire near-term outlook, questioning the case for more OCR hikes at this stage, says Rodney Dickens
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Quality analysis, unlike that done by the bank economists and Reserve Bank, points to a dire near-term outlook, questioning the case for more OCR hikes at this stage, says Rodney Dickens
New dwelling consents declined 30% in April compared to March
New figures from Statistics NZ suggest only about 90% of new homes consented in Auckland actually get built, which means the housing crisis could be much worse than feared
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New figures from Statistics NZ suggest only about 90% of new homes consented in Auckland actually get built, which means the housing crisis could be much worse than feared
Building consents fall in April to second lowest level in 26 years (update 1, corrected)
Building consents fall in April to second lowest level in 26 years (update 1, corrected)