Dwelling approvals rise in February
24 April 2019
A
rise in building
approvals for apartments and townhouses has driven a
0.4 per cent increase in the total number of dwellings approved in
Australia in February 2019, in trend terms, according to data released
by the
Australian Bureau of Statistics (ABS) today.
"Building approvals for private dwellings excluding houses rose 2.6 per
cent in February." said Justin Lokhorst, Director of Construction
Statistics at the ABS. "Meanwhile, private houses fell a further 0.8 per
cent".
Among the states and territories, total dwelling approvals rose in
February in
New South Wales (3.1 per cent) and
Western Australia (2.0 per cent), in trend terms. Falls were
recorded in the
Northern Territory (6.5 per cent), the
Australian Capital Territory (6.3 per cent),
Queensland (2.0 per cent),
South Australia (1.1 per cent) and
Victoria (0.8 per cent).
Tasmania was flat.
Declines in approvals for private houses were recorded in New South
Wales (2.0 per cent), Victoria (1.1 per cent) and Queensland (0.8 per
cent), while increases were recorded in South Australia (2.0 per cent)
and Western Australia (0.5 per cent).
In seasonally adjusted terms, total dwellings rose by 19.1 per cent in
February, largely driven by rises in Victoria (37.3 per cent) and New
South Wales (25.2 per cent). Private dwellings excluding houses rose
64.6 per cent, while private houses decreased by 3.6 per cent.
The value of total building approved rose 1.3 per cent in February, in
trend terms. The value of non-residential building rose 1.9 per cent,
while residential building increased 0.8 per cent.
Further information is available in Building Approvals,
Australia (cat no. 8731.0) on the ABS website at
http://www.abs.gov.au.
--ENDS--
Source: Australian Government - www.abs.gov.au
Contact: N/A
External Links: http://www.abs.gov.au/ausstats/abs@.nsf/mf/8731.0
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