May 29th, 2010
Statistics NZ commented yesterday that although we are below the peak of 2007;
The number of new housing units authorised (excluding apartments) rose 15.5 percent in April 2010 when adjusted for seasonal effects, to reach its highest number since April 2008.
Overall when driving around Nelson and Stoke its evident that there is certainly some building work going on.
The above NZ wide chart from Statistics NZ shows an uptick.
Nelson on the other hand, hmmmm……..look at the chart?