Information from Stats NZ, remark from the report:

  • “The annual variety of houses consented remained excessive however continues to be beneath the height of 51,015 recorded within the yr ended Could 2022,”
  • The development for the variety of new houses consented peaked in early 2022 and has decreased barely since then. Pattern estimates reveal the graceful and slowly altering options in a time collection after eradicating various seasonal results. 

NZD/USD not so much modified. The kiwi $ rose in a single day after the FOMC and Powell, together with different FX towards the USD.