On October 1, 2025, Statistics New Zealand released the year-on-year data for building consents in August. The reported figure was 6.9%, a significant improvement compared to the previous value of -3%.This indicator serves as a key measure of future activity in the construction sector, as government approval for building is the first step in new housing development. The actual reading exceeded forecasts, indicating a positive impact on the New Zealand dollar.The importance level of this data is 1. The statistic measures changes in the number of newly approved buildings and is published monthly, with the next release scheduled for the following month.

this-content

disclaimer-th