ABS Building Approvals, Australia, May 2018

MAY 2018 KEY POINTS

TOTAL DWELLING UNITS

• The trend estimate for total dwellings approved fell 1.5% in May.
• The seasonally adjusted estimate for total dwellings approved fell 3.2% in May.

PRIVATE SECTOR HOUSES

• The trend estimate for private sector houses approved fell 0.5% in May.
• The seasonally adjusted estimate for private sector houses fell 8.6% in May.

PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES

• The trend estimate for private sector dwellings excluding houses fell 2.6% in May.
• The seasonally adjusted estimate for private sector dwellings excluding houses rose 4.3% in May.

VALUE OF BUILDING APPROVED

• The trend estimate of the value of total building approved fell 0.7% in May and has fallen for seven months.
• The value of residential building fell 0.8% and has fallen for five months.
• The value of non-residential building fell 0.4% and has fallen for 10 months.
• The seasonally adjusted estimate of the value of total building approved fell 0.1% in May.
• The value of residential building fell 0.3%, while the value of non-residential building rose 0.4%.