New Zealand Building Permits Spike 11.0% In November

(RTTNews) - The total number of building permits issued in New Zealand was up a seasonally adjusted 11.0 percent on month in November, Statistics New Zealand said on Friday - coming in at 3,262.

That follows the downwardly revised 10.0 percent contraction in October (originally -9.6 percent).

By category, permits were issued for 1,870 houses, 577 townhouses, flats, and units (the highest number on record), 543 apartments (a nine-year high) and 272 retirement village units.

By region, there were 1,450 permits were issued for Auckland (the second-highest number on record), 422 for Canterbury and 296 for Waikato.