Building Approvals Remain Static

Building Approvals Remain Static

Australian Bureau Of Statistics

Number Of Private Sector Houses Approved Down This Month

Victor P Taffa

ABS Building Approvals show that the total number of dwellings approved has levelled off in April 2010 following 14 consecutive months of increases in trend terms. This was due to a 1.9% decrease in total houses approved being balanced by an increase of 3.4% for other dwelling approvals.

 

 

The decrease in total houses was driven by a 2.0% decrease in private sector houses. Victoria (-4.1%) showed the largest percentage fall in private sector houses followed by New South Wales (-1.8%) and Queensland (-1.5%).

The increase in other dwellings was primarily due to an increase of 5.0% for private sector other dwellings. Western Australia (9.5%) showed the largest percentage increase in private sector other dwellings followed by New South Wales (6.2%) and Victoria (5.6%).

The value of total building approved fell 1.0% in April in trend terms. The value of total residential rose by 0.7% while non-residential fell by 4.5%.

APRIL KEY FIGURES

Apr 10

Mar 10 to Apr 10

Apr 09 to Apr 10

no.

% change

% change


TREND
Total dwelling units approved

15, 060

39.0

Private sector houses

9, 139

-2.0

16.3

Private sector other dwellings

4, 226

5.0

65.8

SEASONALLY ADJUSTED
Total dwelling units approved

14, 144

-14.8

21.3

Private sector houses

8, 404

-13.5

4.7

Private sector other dwellings

4, 523

-5.4

42.3


– nil or rounded to zero (including null cells)