Dwelling approvals rise 1.8 per cent in September)
15 November 2017
ABS: The number of dwellings approved
rose 1.8 per cent in September 2017, in trend terms, and has risen for
eight months, according to data released by the
Australian Bureau of
Statistics (ABS) today.
Dwelling
approvals increased in September in the
Australian Capital
Territory (7.9 per cent),
Northern Territory (6.5 per cent),
Tasmania
(4.5 per cent),
New South Wales (3.4 per cent),
Western Australia (2.0
per cent),
South Australia (1.5 per cent) and
Victoria (0.7 per cent),
but decreased in
Queensland (0.5 per cent) in trend terms.
In trend terms, approvals for private sector houses rose 0.7 per cent in
September. Private sector house approvals rose in Queensland (1.8 per
cent), South Australia (1.2 per cent), Victoria (0.6 per cent) and New
South Wales (0.5 per cent), but fell in Western Australia (0.9 per
cent).
In seasonally adjusted terms, dwelling approvals increased by 1.5 per
cent in September, driven by a rise in private dwellings excluding
houses (2.6 per cent), while private house approvals rose 0.6 per cent.
The value of total building approved rose 1.3 per cent in September, in
trend terms, and has risen for nine months. The value of residential
building rose 1.5 per cent while non-residential building rose 1.0 per
cent.
"The value of non-residential building approvals have risen for the past
eight months, in trend terms, reaching a record high in September 2017."
Bill Becker, the Assistant Director of Construction Statistics at the
ABS, said.
"The strength in non-residential building has been driven by approvals
in Victoria, where a number of office and education buildings have been
approved in recent months."
Further information is available in Building Approvals, Australia (cat
no. 8731.0) on the ABS website at http://www.abs.gov.au.
--ENDS--
Source: Australian Government - www.abs.gov.au
Contact: ABS Communications Section on 1300 175 070
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