Dwelling approvals decline in June
14 August 2019
The
number of
dwellings approved in Australia fell by 1.3 per cent in June,
in trend terms, according to data released by the
Australian Bureau of
Statistics (ABS) today.
"The trend series for total dwellings has fallen for 19 consecutive
months. The decrease in June was driven by private dwellings excluding
houses, which fell 2.5 per cent in trend terms," said Daniel Rossi,
Director of Construction Statistics at the ABS. "Approvals for private
houses were also down 0.8 per cent."
Among the states and territories, total dwelling approvals fell in the
Australian Capital Territory (4.7 per cent),
Tasmania (3.8 per cent),
Western Australia (3.5 per cent),
New South Wales (2.9 per cent) and
South Australia (0.8 per cent), in trend terms. Increases were
recorded in the
Northern Territory (5.8 per cent),
Victoria (0.4 per cent) and
Queensland (0.2 per cent).
Approvals for private sector houses declined 0.8 per cent in trend
terms. Declines were recorded across the country, with New South Wales
(2.2 per cent), South Australia (0.8 per cent), Western Australia (0.6
per cent) and Queensland (0.4 per cent) all falling. Victoria was the
only state to record an increase, up by 0.1 per cent.
In seasonally adjusted terms, total dwellings declined 1.2 per cent in
June, driven by falls in Tasmania (11.9 per cent), Western Australia
(8.6 per cent), New South Wales (5.4 per cent) and Queensland (1.0 per
cent). Victoria recorded a 9.7 per cent increase, while South Australia
was flat. Private dwellings excluding houses fell 6.5 per cent, while
private house approvals rose 0.4 per cent.
The value of total building approved recorded a 0.4 per cent increase,
in trend terms. The value of non-residential building rose 2.0 per cent,
while total residential building declined 0.8 per cent.
Further information is available in Building Approvals, Australia (cat no. 8731.0), https://www.abs.gov.au/ausstats/abs@.nsf/mf/8731.0.
--ENDS--
Source: Australian Government - www.abs.gov.au
Contact: N/A
External Links: https://www.abs.gov.au/ausstats/abs@.nsf/mf/8731.0
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