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Building consents too low to meet demand

The New Zealand Government wants 39,000 new homes built in the Auckland region within the next three years however building consents issued are far too low to meet demand. The NZHerald article quotes Senior Economist Michael Gordon of Westpac Institutional Bank: Building consents in the under-supplied Auckland market remain “worryingly subdued”, particularly compared to the […]

Read the full article here: Building consents too low to meet demand

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