Dwelling approvals fall in November

Source: Federal Government - www.abs.gov.au   

08 January 2016

Australian Bureau of Statistics (ABS) Building Approvals show that the number of dwellings approved fell 1.9 per cent in November 2015, in trend terms, and has fallen for eight consecutive months.

Dwelling approvals decreased in November in Australian Capital Territory (-9.3 per cent), Western Australia (-4.5 per cent), New South Wales (-2.8 per cent), Tasmania (-2.6 per cent), Victoria (-2.4 per cent) and Northern Territory (-0.6 per cent) but increased in South Australia (3.2 per cent) and Queensland (0.9 per cent) in trend terms.

In trend terms, approvals for private sector houses was flat in November. Private sector house approvals fell in Western Australia (-2.2 per cent) and New South Wales (-0.5 per cent) but rose in South Australia (1.9 per cent), Victoria (1.3 per cent) and Queensland (0.1 per cent). 

The value of total building approved fell 0.8 per cent in November, in trend terms, and has fallen for four consecutive months. The value of residential building fell 1.2 per cent while non-residential building was flat.

Further information is available in Building Approvals, Australia (cat no. 8731.0).

 

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