ABS Building Approvals, Australia, Jan 2019

ABS JANUARY KEY POINTS

TOTAL DWELLING UNITS

• The trend estimate for total dwellings approved fell 3.2% in January.
• The seasonally adjusted estimate for total dwellings approved rose 2.5% in January.

PRIVATE SECTOR HOUSES

• The trend estimate for private sector houses approved fell 0.4% in January.
• The seasonally adjusted estimate for private sector houses rose 2.1% in January.

PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES

• The trend estimate for private sector dwellings excluding houses fell 8.1% in January.
• The seasonally adjusted estimate for private sector dwellings excluding houses rose 2.7% in January.

VALUE OF BUILDING APPROVED

• The trend estimate of the value of total building approved fell 1.5% in January and has fallen for 14 months. The value of residential building fell 2.7% and has fallen for 12 months. The value of non-residential building rose 0.4% and has risen for five months.
• The seasonally adjusted estimate of the value of total building approved rose 1.3% in January. The value of residential building fell 2.0%, while the value of non-residential building rose 6.4%.