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30 April 2009

March Building Consents Offer Little Surprise

Residential building consents (excluding apartments) totalled 987 for March, following the recent trend of the lowest monthly totals in the 17 years on record, with a value of $408 million, down 25% on March 08.

Non-residential building consents were down 6.4% compared to March 08, valued at $332 million.

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