QTPA Member Alert | ABS Building Approvals, Australia, August 2012 (5/10/2012)

ABS Building Approvals, Australia, August 2012 (04/10/2012 Released)

AUGUST 2012 KEY FIGURES

		Aug 12	Jul 12 to Aug 12	Aug 11 to Aug 12
		no.	% change	% change

TREND
	Total dwelling units approved	12 600	-0.1	1.0
	Private sector houses	7 278	0.7	-3.8
	Private sector dwellings excluding houses	5 148	-1.3	12.2
SEASONALLY ADJUSTED
	Total dwelling units approved	12 046	6.4	-15.4
	Private sector houses	7 314	-0.5	-4.2
	Private sector dwellings excluding houses	4 596	23.0	-25.7

Dwelling units approved

Private sector houses approved

AUGUST KEY POINTS

TOTAL DWELLING UNITS

The trend estimate for total dwellings approved fell 0.1% in August after rising for 6 months.
The seasonally adjusted estimate for total dwellings approved rose 6.4% in August following a fall of 21.2% in the previous month.

PRIVATE SECTOR HOUSES

The trend estimate for private sector houses approved rose 0.7% in August and has risen for 3 months.
The seasonally adjusted estimate for private sector houses fell 0.5% in August following a rise of 1.9% in the previous month.

PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES

The trend estimate for private sector dwellings excluding houses fell 1.3% in August after rising for 6 months.
The seasonally adjusted estimate for private sector dwellings excluding houses rose 23.0% in August following a fall of 46.7% in the previous month.

VALUE OF BUILDING APPROVED

The trend estimate of the value of total building approved fell 2.2% in August and has fallen for 2 months. The value of residential building fell 0.9% and has fallen for 2 months. The value of non-residential building fell 3.9% and has fallen for 3 months.
The seasonally adjusted estimate of the value of total building approved rose 9.4% in August after falling for 2 months. The value of residential building rose 9.2% following a fall of 23.5% in the previous month. The value of non-residential building rose 9.8% after falling for 2 months.

Jim Vaughan

Chief Executive Officer