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Residential consents fall 2.8%, commercial plummet 39%

The latest Statistics New Zealand research shows the number of residential buildings issued with consent in January rose, but only by less than 1%, if apartment consents aren’t counted.

If “volatile” apartments are counted, the grim statistics state that the total number of consents issued fell by 2.8%, with 1000 new homes and 42 apartments granted consent.

In December, the number of consents issued fell by 3.9%.

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