Dwelling approvals rise in November
14 January 2020
The number of dwellings approved rose 0.8 per cent in November 2019, in trend terms, according to data released by the Australian Bureau of Statistics (ABS) today.
"The rise was driven by approvals for private sector dwellings excluding houses, which increased by 2.9 per cent in November," said Daniel Rossi, Director of Construction Statistics at the ABS. "However, private sector houses fell by 0.3 per cent."
Across the states and territories, dwelling approvals rose in South Australia (4.2 per cent), New South Wales (1.6 per cent), Victoria (0.7 per cent) and the Australian Capital Territory (0.3 per cent). Decreases were recorded in the Northern Territory (2.6 per cent), Western Australia (1.9 per cent) and Queensland (0.4 per cent), while Tasmania was flat, in trend terms.
Approvals for private sector houses fell in New South Wales (3.4 per cent), in trend terms. Increases were recorded in Western Australia (1.5 per cent), Queensland (1.1 per cent), South Australia (0.9 per cent) and Victoria (0.2 per cent).
The seasonally adjusted estimate for total dwellings approved rose 11.8 per cent in November, driven by a 22.6 per cent increase in private dwellings excluding houses. Private sector houses also rose, by 6.1 per cent.
The value of total building approved fell 2.6 per cent in November, in trend terms, and has fallen for five months. The value of residential building fell 0.7 per cent, while non-residential building fell 5.0 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.
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Source: Australian Government - https://www.abs.gov.au/
Contact: N/A
External Links: https://www.abs.gov.au/ausstats/abs@.nsf/mf/8731.0
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