Dwelling approvals fall in August
16 October 2018
ABS: The
number of
dwellings approved in Australia fell by 1.9 per cent in August
2018 in trend terms, according to data released by the
Australian Bureau
of Statistics (ABS) today.
"The fall was mainly driven by private dwellings excluding houses, which
decreased by 2.7 per cent in August," said Justin Lokhorst, Director of
Construction Statistics at the ABS. "Private sector houses also fell, by
1.2 per cent."
Among the states and territories, dwelling
approvals fell in August in
Victoria (5.1 per cent),
South Australia (3.6 per cent) and
New South Wales (1.6 per cent) in
trend terms.
Dwelling approvals rose in trend terms in
Western Australia (2.7 per cent),
Tasmania (2.3 per cent),
Northern Territory (1.5 per cent) and
Australian Capital Territory (0.1 per cent). Dwelling approvals were
flat in Queensland.
In trend terms, approvals for private sector houses fell 1.2 per cent in
August. Private sector house approvals fell in
Queensland (3.3 per cent),
Victoria (1.4 per cent),
New South Wales (1.1 per cent) and
South Australia (0.7 per cent), but rose in Western Australia (1.4
per cent).
In seasonally adjusted terms, total dwellings fell by 9.4 per cent in
August, driven by a 17.2 per cent decrease in private dwellings
excluding houses. Private houses fell 1.9 per cent in seasonally
adjusted terms.
The value of total building approved fell 1.3 per cent in August, in
trend terms, and has fallen for nine months. The value of residential
building fell 0.8 per cent while non-residential building fell 2.3 per
cent.
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: N/A
External Links:
http://www.abs.gov.au/ausstats/abs@.nsf/mf/8731.0
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