New Zealand residential building consents rose 1.8 per cent in November, with demand for retirement village units driving approvals in the month.

Seasonally adjusted consents rose for a second month to 2,377 in November from 2,363 in October, even as approvals for new houses fell 0.3 per cent to 1,652, according to Statistics New Zealand. On an unadjusted basis, dwelling consents climbed 17 per cent to 2,831 from November a year earlier,…