Market news
30.08.2018, 06:10

Australia Building Approvals fell 5.2% in July

Total dwelling units:

  • The trend estimate for total dwellings approved fell 1.3% in july.

  • The seasonally adjusted estimate for total dwellings approved fell 5.2% in july.

Private sector houses:

  • The trend estimate for private sector houses approved fell 0.9% in july.

  • The seasonally adjusted estimate for private sector houses fell 3.0% in july.

Private sector dwellings excluding houses:

  • The trend estimate for private sector dwellings excluding houses fell 1.8% in july.

  • The seasonally adjusted estimate for private sector dwellings excluding houses fell 6.6% in july.

Value of building approved:

  • The trend estimate of the value of total building approved fell 1.2% in july and has fallen for eight months. The value of residential building fell 1.8% and has fallen for six months. The value of non-residential building was flat.

  • The seasonally adjusted estimate of the value of total building approved rose 7.1% in july. The value of residential building fell 4.9%, while the value of non-residential building rose 31.5%.

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