New residential dwelling consent data continues to be patchy with numbers hovering at between about 1900 and just over 2000 consents a month in New Zealand.
But overall, the residential building sector is showing a strong recovery.
In the year to September, 24,102 new housing consents were granted by territorial authorities, well up on last year's 19,775, giving an indication of a revival.
Activity is particularly busy in Christchurch where New Zealand's biggest residential rebuild is under way and where Fletcher expects to finish repairs by April.
Statistics NZ has this morning released the latest building consent data for September, showing numbers rose slightly to 778 residential consents issued in September, up on August's 753 consents but down on July's 876.
"The trend for new dwellings was previously at its highest level since August 2007. While it's now easing, the trend is still about 10 percent higher than at the same time last year," said Statistics NZ business...