The Overseas Investment Office has approved the second standing consent arrangement, in each case for NZX-listed companies deemed to be overseas owned.
Statistics NZ said today the 6.2% seasonally adjusted rise in building activity in the March quarter was the strongest growth in 3 years.
Consents for new homes slipped in April compared to a year ago, but continued the steady rise beyond the 34,000 mark for the year.
Consents for new homes in Auckland rose 24% in the year to March, to 13,874, and consents nationally rose 10% to top 34,500.
Consents for new homes in February topped 3000 in a month for the 6th time since August 2017, after a stronger than usual January.
Statistics NZ said today consents for new homes were 30% higher in both January & February compared to those months last year.