ABS Building Approvals, Australia, Feb 2019

ABS FEBRUARY 2019 KEY POINTS

TOTAL DWELLING UNITS

• The trend estimate for total dwellings approved rose4% in February.
• The seasonally adjusted estimate for total dwellings approved rose1% in February.

PRIVATE SECTOR HOUSES

• The trend estimate for private sector houses approved fell8% in February.
• The seasonally adjusted estimate for private sector houses fell6% in February.

PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES

• The trend estimate for private sector dwellings excluding houses rose6% in February.
• The seasonally adjusted estimate for private sector dwellings excluding houses rose 64.6% in February.

VALUE OF BUILDING APPROVED

• The trend estimate of the value of total building approved rose3% in February and has risen for two months.
• The value of residential building rose8% and has risen for two months.
• The value of non-residential building rose 9% and has risen for six months.
• The seasonally adjusted estimate of the value of total building approved rose 15.4% in February.
• The value of residential building rose 24.7%, while the value of non-residential building rose 1%.