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QTPA Member Alert |ABS Building Approvals, Australia, January 2013 (04/03/2013 Released Today)

ABS Building Approvals, Australia, January 2013 

JANUARY 2013 KEY POINTS

TOTAL DWELLING UNITS

  • The trend estimate for total dwellings approved rose 1.1% in January and has risen for 12 months.
  • The seasonally adjusted estimate for total dwellings approved fell 2.4% in January and has fallen for two months.

PRIVATE SECTOR HOUSES

  • The trend estimate for private sector houses approved fell 0.4% in January and has fallen for four months.
  • The seasonally adjusted estimate for private sector houses rose 3.2% in January after falling for three months.

PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES

  • The trend estimate for private sector dwellings excluding houses rose 3.0% in January and has risen for four months..
  • The seasonally adjusted estimate for private sector dwellings excluding houses fell 9.1% in January after rising for two months.

VALUE OF BUILDING APPROVED

  • The trend estimate of the value of total building approved rose 1.2% in January and has risen for 12 months. The value of residential building rose 1.3% and has risen for eight months. The value of non-residential building rose 1.0% and has risen for three months.
  • The seasonally adjusted estimate of the value of total building approved rose 6.6% in January after falling for three months. The value of residential building fell 1.7% after rising for two months. The value of non-residential building rose 20.9% after falling for two months.

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