The number consents for new homes has dropped in the past month
The number consents for new homes has dropped in the past month
2 June 2020
ASB figures show building consents down 6.5 percent in April, adding to the previous month's 22 percent decline, as a result of the Covid-19 lockdown.
Senior economist Jane Turner says the numbers actually held up better than expected, with some council workers processing applications from home.
She says as a whole, New Zealand productivity was about two-thirds of what it was in February.
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