New Zealand residential construction consents jumped by a fifth in July, turning around a decline in June, and spurred by increased construction intentions in Auckland.

Seasonally adjusted consents climbed to 2,525 in July, from 2,096 a month earlier, according to Statistics New Zealand.  On an unadjusted basis, new dwelling consents rose 24 per cent to 2,824 from July 2014, led by a 54 per cent jump in intentions to build townhouses, flats and units. Dwelling…