Building sector buoyant
PA j ( Wellington: Building activity'; | continues to increase jn Spite )! of economic! uncertainty, ( according to figures given by the (Statistics Depart-1; mentl yesterday. |’. ; ; A 14.2' per cent Increase! in building permits issued' for houses and flats was; recorded in January, 1988,| compared with January; 1987, at an increase of 33.1 per cent in value. ( • •(; The (increase comes after a (33.2 per cpnt rise in the n’umber of building permits!issued in (December, 11987, compared with December, 1986. i However, the number of permits issubd for houses land flats (for the. year ended January, 1988, was down slightly on the; prev ous year, | from! 20,1(9 to 19,802. 1 For new buildings other than houses or flats, permits vfalued at| $161.7 million) were issued in January, 1988, compared with $1'02.3M in January, 1987 r i | Tt|e (value of (permits increased for office buildings (up 546.1 M bn January!, 1987), hospitals (up $28.1 Mj and factories (up sehM).
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Press, 24 March 1988, Page 9
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157Building sector buoyant Press, 24 March 1988, Page 9
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