Trend dwelling approvals rise 0.8% in March
23 May 2017
The number of dwellings approved
in Australia rose 0.8 per cent in March 2017, in trend terms, after
falling for nine months, according to data released by the Australian
Bureau of Statistics (ABS) today.
Dwelling approvals increased in March in New South Wales (3.0 per cent),
Tasmania (1.6 per cent), Queensland (0.5 per cent) and Victoria (0.3 per
cent), but decreased in the Northern Territory (19.1 per cent),
Australian Capital Territory (7.1 per cent), Western Australia (1.9 per
cent) and South Australia (0.1 per cent) in trend terms.
In trend terms, approvals for private sector houses fell 0.6 per cent in
March. Private sector house approvals fell in Queensland (2.0 per cent),
South Australia (0.4 per cent) and Victoria (0.3 per cent), but rose in
New South Wales (0.3 per cent) and Western Australia (0.1 per cent).
In seasonally adjusted terms, dwelling approvals decreased by 13.4 per
cent in March, driven by a fall in total dwellings excluding houses
(22.0 per cent) and total house approvals (5.0 per cent).
The value of total buildings approved rose 0.1 per cent in March, in
trend terms, after falling for seven months. The value of residential
building approved rose 1.0 per cent while non-residential building
approved fell 1.9 per cent.
Further information is available in Building Approvals
http://www.abs.gov.au/ausstats/abs@.nsf/mf/8731.0
, Australia (cat no. 8731.0) on the ABS website at
http://www.abs.gov.au
.
--ENDS--
Source: ABS - www.abs.gov.au
Contact: ABS Communications Section on 1300 175 070
External Links: http://www.abs.gov.au/ausstats/abs@.nsf/mf/8731.0
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