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QTPA Member Alert | ABS Building Approvals, Australia, April 2012 (12/6/2012)

ABS Building Approvals, Australia, April 2012

APRIL 2012 KEY FIGURES

Apr 12 Mar 12 to Apr 12 Apr 11 to Apr 12
no.% change% change

TREND
Total dwelling units approved 10 810 -1.3 -16.6
Private sector houses7 030-1.4-11.2
Private sector dwellings excluding houses3 650-0.9-22.3
SEASONALLY ADJUSTED
Total dwelling units approved 10 330 -8.7 -24.1
Private sector houses6 590-11.1-15.9
Private sector dwellings excluding houses3 656-2.3-33.8

 

Dwelling units approved

Private sector houses approved

APRIL 2012 KEY POINTS

TOTAL DWELLING UNITS

  • The trend estimate for total dwellings approved fell 1.3% in April and has fallen for 17 months.
  • The seasonally adjusted estimate for total dwellings approved fell 8.7% in April following a rise of 6.0% in the previous month.

PRIVATE SECTOR HOUSES

  • The trend estimate for private sector houses approved fell 1.4% in April and has fallen for 28 months.
  • The seasonally adjusted estimate for private sector houses fell 11.1% in April following a rise of 3.7% in the previous month.

PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES

  • The trend estimate for private sector dwellings excluding houses fell 0.9% in April and has fallen for 16 months.
  • The seasonally adjusted estimate for private sector dwellings excluding houses fell 2.3% in April following a rise of 11.6% in the previous month.

VALUE OF BUILDING APPROVED

  • The trend estimate of the value of total building approved fell 1.7% in April and has fallen for 16 months. The value of residential building fell 0.3% and has fallen for 19 months. The value of non-residential building fell 3.9% and has fallen for 9 months.
  • The seasonally adjusted estimate of the value of total building approved fell 5.4% in April and has fallen for 3 months. The value of residential building fell 6.7% following a rise of 1.2% in the previous month. The value of non-residential building fell 2.8% and has fallen for 3 months.

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