- 2nd qtr. real value rose 0.8% (survey 3.0%, prior -0.4%)
- 2nd qtr construction work rose 0.8% from previous qtr.
- residential construction rises 7.1% from 1st qtr.
- non-residential construction falls 5.6% from 1st qtr .
Residential construction increase was largest in two years , rebuilding in earthquake damaged Canterbury being cited .
NZD/USD trading on session highs at 0.7942/47.
