Australian Bureau Of Statistics
Dwelling Approvals Fall In September
Victor P Taffa
Number of dwellings approved in Australia fell by 1.9 % in September 2018 in trend terms, according to data released by the Australian Bureau of Statistics (ABS) today.
“Fall was mainly driven by private dwellings excluding houses, which decreased by 2.7 % in September.” ABS Director of Construction Statistics Daniel Rossi said.
“Private sector houses also fell, by 1.5 %.”
States And Territories
Dwelling approvals fell in:
- Australian Capital Territory (8.4 %),
- Northern Territory (6.9 %),
- South Australia (3.9 %),
- Queensland (2.3 %),
- Western Australia (2.1 %),
- New South Wales (1.3 %),
- Victoria (1.0 %).
Tasmania was the only state to see an increase in dwelling approvals (1.5 %) in trend terms.
Approvals for private sector houses fell 1.5 % in September in trend terms.
Private sector house approvals fell in:
- Queensland (3.1 %),
- South Australia (3.0 %),
- Western Australia (2.2 %),
- Victoria (1.7 %).
New South Wales recorded an increase of 0.5 %.
In seasonally adjusted terms, total dwellings rose by 3.3 % in September, driven by a 9.2 % increase in private dwellings excluding houses. Private houses fell 2.7 % in seasonally adjusted terms.
Value of total building approved fell 1.3 % in September, in trend terms, and has fallen for 11 months. The value of residential building fell 1.7 % while non-residential building fell 0.7 %.