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 Industrials / Thematic (Sector/Industry)

<ul><li>Residential consents ticked lower in May but remained bound in the 30–35k range for another month.</li><li>Residential consents have been running at these levels since August last year but industry anecdotes suggest that activity declines have yet to level off to the same extent.</li><li>The backdrop remains challenging; housing turnover remains low, inventory continues to lift, and prices appear to be softening again. </li></ul>

Residential consents ticked lower in May but remained bound in the 30–35k range for another month.Residential consents have been running at these levels since August last year but industry anecdotes suggest that activity declines have yet to level off to the same extent.The backdrop remains challenging; housing turnover remains low, inventory continues to lift, and prices appear to be softening again. 

Building Sector - NZ Consents — Non-Resi Takes a Leg Down