Building trade recovering?
PA Wellington Building activity appears to be recovering from last year's slump in new home construction, according to figures released by the Statistics Department. The number of building permits issued for house's and flats last month was up 30 per cent on the corresponding time last year, and the expected tally for ithe year to the end of September also shows an increase. \
Permits authorising 1759 new homes were issued last month, compared with 1353 in September, 1980. The latest figure is based on early returns from local authorities and allows for Government work.
Of last month's permits 448 were for flats, compared with the 330 permits in September, 1980, and 1271 were for houses, compared with 1023 the previous September. Estimates bring the total for the year ended September, 1981, to 15,944 permits for new homes — ap increase of 900 on the previous year, but still less than the 16,745 issued in 1979. The estimates show 3951 building permits were issued for flats compared with 3312 last year, and 11,993 were issued for houses, compared w’ith 11,731 last year.
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Press, 27 October 1981, Page 17
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183Building trade recovering? Press, 27 October 1981, Page 17
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