June 28, 2022

Forex Solution

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+17.9% m/m (vs. prior -18.2%)

1 min read

A bounce back from February, and then some …. the monthly number of new homes approved for building hit a record high in March 2021.

Says the Stats bureau in NZ:

  • The monthly number of new homes consented in March 2021 was 4,128, which is the highest for the series, surpassing the October 1973 figure of 4,081. 
  • driven by a record-breaking month for both stand-alone houses (2,438) and townhouses, flats, and units (1,243)
  • suggests that there is a large amount of residential work in the pipeline
A bounce back from February, and then some .... the monthly number of new homes approved for building hit a record high in March 2021.

NZD little changed, circa 0.7218




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