New Zealand June Building Permits +3.5% m/m (prior -2.2%)

Building consents data from NZ for June 2023 rose 3.5% m/m prior -2.2% for the y/y, -12% For the quarter as a whole the picture is not so strong. The number of new homes consented in the June 2023 quarter was down 20% compared with the June 2022 quarter. Stats NZ: “The June 2023 quarter