Dwelling Approvals Up In June 2018

Dwelling Approvals Up In June 2018

Australian Bureau Of Statistics

Dwelling Approvals Rise In June

Victor P Taffa

Number of dwellings approved in Australia rose by 0.1 % in June 2018 in trend terms, according to data released by the Australian Bureau of Statistics (ABS) today.

“Rise was driven by private dwellings excluding houses, which increased by 1.1 % in June.” Director of Construction Statistics at the ABS Justin Lokhorst said.

“This was offset by a 0.6 % fall in private sector houses.”

States And Territories:

Dwelling approvals rose in Trend Terms in:

  • Australian Capital Territory (5.8 %),
  • South Australia (5.6 %),
  • Northern Territory (4.8 %),
  • Tasmania (2.2 %),
  • Western Australia (1.7 %),
  • New South Wales (0.2 %).

Dwelling approvals fell in trend terms in:

  • Queensland (1.6 %),
  • Victoria (1.2 %).

In trend terms, approvals for private sector houses fell 0.6 % in June.

Private sector house approvals fell in

  • Western Australia (1.4 %),
  • Victoria (0.9 %),
  • New South Wales (0.8 %).

Private sector house approvals rose in South Australia (0.4 %).

Private sector house approvals were flat in Queensland.

In seasonally adjusted terms, total dwellings rose by 6.4 % in June, driven by a 7.2 % increase in private dwellings excluding houses. Private houses rose 5.0 % in seasonally adjusted terms.

Value of total building approved fell 0.8 % in June, in trend terms, and has fallen for 7 months. The value of residential building rose 0.3 %, while non-residential building fell 2.9 %.