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The total number of building permits issued in New Zealand in May was down a seasonally adjusted 2.2 percent on month in May, Statistics New Zealand said on Monday - following the 2.
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Now only around 45,000 new homes consented annually, down from a record 51,000.
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Hundreds of homes could be affected.
Press release Casino, Guichard-Perrachon S.A. Announces Requisite Consents Received from Holders of its Senior Notes due 2026 and 2027 ... | June 6, 2023
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Housing consents have fallen from historical highs.