New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Thematic (Sector/Industry)

New zealand Real estate / Thematic (Sector/Industry)

<ul><li>Residential consents continued their downward trajectory in September, falling to 33.4k (seasonally adjusted and annualised), and are now -38% below the February 2022 peak.</li><li>The decline was largely in higher density dwellings, which have seen some significant falls over recent months (Figure 17).</li><li>With H1 building code changes having pulled forward a number of consent applications, we expect residential consents to decline further over the balance of the year. </li></ul>

Residential consents continued their downward trajectory in September, falling to 33.4k (seasonally adjusted and annualised), and are now -38% below the February 2022 peak.The decline was largely in higher density dwellings, which have seen some significant falls over recent months (Figure 17).With H1 building code changes having pulled forward a number of consent applications, we expect residential consents to decline further over the balance of the year. 

Building Sector  - NZ Consents — Continued Declines