Building Approvals Down 4.7% August 2010

Building Approvals Down 4.7% August 2010

Australian Bureau Of Statistics

Number Of Dwelling Units Approved Fell -4.7% In August 2010

Victor P Taffa

ABS Building Approvals show that the total number of dwellings approved fell in August 2010, seasonally adjusted, following a rise in the previous month.

According to the ABS, Queensland (0.9%), South Australia (11.2%) and Western Australia (0.9%) recorded more dwelling approvals this month, while New South Wales (-16.0%), Victoria (-1.4%) and Tasmania (-10.5%) recorded less dwelling approvals in seasonally adjusted terms.

Private sector houses approved fell -4.3% due to falls in New South Wales (-7.5%), Victoria (-7.7%), Queensland (-7.0%) while South Australia (3.6%) and Western Australia (12.3%) rose.

The value of total building approved fell -4.2% in August in seasonally adjusted terms. The value of total residential building fell by -7.8% while non-residential building rose by 3.1%.

AUGUST KEY FIGURES

Aug 10

Jul 10 to Aug 10

Aug 09 to Aug 10

no.

% change

% change


TREND
Total Dwelling Units Approved

13, 166

-2.7

4.0

Private sector houses

8, 300

-1.8

-8.7

Private sector other dwellings

4, 244

50.7

SEASONALLY ADJUSTED
Total Dwelling Units Approved

13, 049

-4.7

4.4

Private sector houses

8, 208

-4.3

-10.3

Private sector other dwellings

4, 313

1.4

66.8


– nil or rounded to zero (including null cells)