Dwelling Approvals Up 0.4% In February 2019

Dwelling Approvals Up 0.4% In February 2019

Australian Bureau Of Statistics

Dwelling Approvals Rise In February

Victor P Taffa

Rise in building approvals for apartments and townhouses has driven a 0.4 % 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 % in February.” ABS Director of Construction Statistics Justin Lokhorst said.

“Private houses fell a further 0.8 %.”

States And Territories

Total dwelling approvals rose in:

  • New South Wales (3.1 %),
  • Western Australia (2.0 %).

Total dwelling approvals fell in:

  • Northern Territory (6.5 %),
  • Australian Capital Territory (6.3 %),
  • Queensland (2.0 %),
  • South Australia (1.1 %),
  • Victoria (0.8 %).

Total dwelling approvals were flat in:

  • Tasmania.

Declines of approvals for private houses were recorded in:

  • New South Wales (2.0 %),
  • Victoria (1.1 %),
  • Queensland (0.8 %).

Increases of approvals for private houses were recorded in:

  • South Australia (2.0 %),
  • Western Australia (0.5 %).

In seasonally adjusted terms, total dwellings rose by 19.1 % in February, largely driven by rises in:

  • Victoria (37.3 %),
  • New South Wales (25.2 %).

Private dwellings excluding houses rose 64.6 %, while private houses decreased by 3.6 %.

Value of total building approved rose 1.3 % in February, in trend terms. The value of non-residential building rose 1.9 %, while residential building increased 0.8 %.