Building Approvals Down 0.7% July 2015

Building Approvals Down 0.7% July 2015

Australian Bureau Of Statistics

July Key Points

Victor P Taffa

The Australian Bureau Of Statistics has released Building Approvals for July 2015.

Total Dwelling Units

The trend estimate for total dwellings approved fell 0.7% in July and has fallen for five months.

 

The seasonally adjusted estimate for total dwellings approved rose 4.2% in July following a fall of 5.2% in the previous month.

 

July Key Figures

 

Jul 15 Jun 15 to Jul 15 Jul 14 to Jul 15
no. % change % change
TREND
Total dwelling units approved 18, 814 -0.7 13.8
Private sector houses 9, 495 -0.5 0.7
Private sector dwellings excluding houses 9, 023 -1.1 31.6
SEASONALLY ADJUSTED
Total dwelling units approved 19, 298 4.2 13.4
Private sector houses 9,322 -3.0 -2.2
Private sector dwellings excluding houses 9, 087 6.1 25.2
 

 

 

Private Sector Houses

The trend estimate for private sector houses approved fell 0.5% in July and has fallen for three months.

The seasonally adjusted estimate for private sector houses fell 3.0% in July following a rise of 3.7% in the previous month.

Private Sector Dwellings Excluding Houses

The trend estimate for private sector dwellings excluding houses fell 1.1% in July and has fallen for five months.

The seasonally adjusted estimate for private sector dwellings excluding houses rose 6.1% in July following a fall of 14.1% in the previous month.

Value Of Building Approved

The trend estimate of the value of total building approved rose 0.6% in July and has risen for three months. The value of residential building fell 0.4% and has fallen for four months. The value of non-residential building rose 2.9% and has risen for three months.

The seasonally adjusted estimate of the value of total building approved rose 7.8% in July following a fall of 2.9% in the previous month. The value of residential building rose 5.9% following a fall of 5.8% in the previous month. The value of non-residential building rose 12.2% and has risen for three months.

 

Revisions This Month

Revisions to the total number of dwelling units approved in this issue are:

 

Dwellings 2014-15 2015-16 TOTAL
NSW 676 676
Vic. 134 134
Qld 524 524
SA 38 38
WA 9 9
Tas. 4 4
NT -2 -2
ACT
Total 1, 383 1, 383
– nil or rounded to zero (including null cells)