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Annual Auckland apartment consents rise 23 percent

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Stats NZ figures showed consents rose a seasonally adjusted 11 percent in November, after a 10 percent fall in October. Auckland growth was strong, rising to a 15-year high, led by apartments. In November 1450 new consents were granted in the city, mainly for apartments. Westpac senior economist Satish Ranchhod said the data was encouraging.

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