The number of building consents issued rebounded in January after suffering the biggest drop in more than two years in December.
Statistics New Zealand says consents for new dwellings rose a seasonally-adjusted 9.6% in January compared to a fall of 18.2% in December.
Consent numbers remain almost 19% lower than in January last year, however.
Excluding apartments, consents for new homes rose 7.7% in the month - the first increase in seven months.
The value of residential building consents fell 19% in January while the value of non-residential consents rose 2.3%.
