Dwelling approvals fall in April
15 June 2018
Federal Government:
The number of
dwellings approved
in Australia fell by 0.1 per cent in April 2018 in trend terms,
according to data released by the Australian Bureau of Statistics (ABS)
today.
"The total dwellings series has been relatively stable for the past
eight months, with around 19,000 dwellings approved per month," said
Justin Lokhorst, Director of Construction Statistics at the ABS. "The
strength in approvals for houses is being offset by weakness in
semi-detached and attached dwelling
approvals."
Among the states and territories, dwelling approvals fell in April in
Tasmania (3.7 per cent),
Victoria (2.3 per cent) and
Western Australia (2.2 per cent) in trend terms.
Dwelling approvals rose in trend terms in the
Australian Capital
Territory (14.8 per cent), the
Northern Territory (6.7 per cent),
South Australia (1.7 per cent),
New South Wales (0.9 per cent) and
Queensland (0.7 per cent).
In trend terms, approvals for private sector houses rose 0.9 per cent in
April. Private sector house approvals rose in Queensland (1.6 per cent),
Victoria (1.5 per cent) and New South Wales (0.6 per cent), but fell in
Western Australia (0.9 per cent) and South Australia (0.4 per cent).
In seasonally adjusted terms, total dwellings fell by 5.0 per cent in
April, driven by a 11.5 per cent decrease in private sector dwellings
excluding houses. Private sector houses rose 0.1 per cent in seasonally
adjusted terms.
The value of total building approved fell 0.7 per cent in April, in
trend terms, and has fallen for six months. The value of residential
building fell 0.5 per cent while non-residential building fell 1.0 per
cent.
--ENDS--
Source: Australian Government - http://www.abs.gov.au
Contact: N/A
External Links: http://www.abs.gov.au
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