Market news
30.05.2017, 06:13

Australian building approvals rose 4.4% in April

The trend estimate for total dwellings approved rose 0.1% in April and has risen for three months.

The seasonally adjusted estimate for total dwellings approved rose 4.4% in April following a fall of 10.3% in the previous month.

The trend estimate for private sector houses approved fell 0.2% in April and has fallen for 13 months.

The seasonally adjusted estimate for private sector houses rose 0.5% in April following a fall of 2.7% in the previous month.

The trend estimate for private sector dwellings excluding houses rose 0.5% in April and has risen for four months.

The seasonally adjusted estimate for private sector dwellings excluding houses rose 9.6% in April following a fall of 18.2% in the previous month.

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