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QTPA Member Alert |ABS Building Approvals, Australia, July 2013 (3/9/2013)

ABS Building Approvals, Australia, July 2013

The figures and trends are all looking promising for a fair “Spring”.

JULY 2013 KEY FIGURES

 

Jul 13

No.

Jun 13 to Jul 13

% change

Jul 12 to Jul 13

% change

TREND

 

 

 

Total dwelling units approved

13 868

0.9

6.7

Private sector houses

8 205

1.1

11.3

Private sector dwellings excluding houses

5 253

0.3

-3.2

SEASONALLY ADJUSTED

 

 

 

Total dwelling units approved

14 304

10.8

28.3

Private sector houses

8 309

3.9

12.0

Private sector dwellings excluding houses

5 623

24.4

62.5

JULY 2013 KEY POINTS

TOTAL DWELLING UNITS

  • The trend estimate for total dwellings approved rose 0.9% in July and has risen for five months.
  • The seasonally adjusted estimate for total dwellings approved rose 10.8% in July after falling for two months.

PRIVATE SECTOR HOUSES

  • The trend estimate for private sector houses approved rose 1.1% in July and has risen for eight months.
  • The seasonally adjusted estimate for private sector houses rose 3.9% in July following a fall of 1.0% in the previous month.

PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES

  • The trend estimate for private sector dwellings excluding houses rose 0.3% in July after falling for six months.
  • The seasonally adjusted estimate for private sector dwellings excluding houses rose 24.4% in July after falling for two months.

VALUE OF BUILDING APPROVED

  • The trend estimate of the value of total building approved fell 1.1% in July and has fallen for three months. The value of residential building rose 0.7% and has risen for five months. The value of non-residential building fell 3.4% and has fallen for three months.

The seasonally adjusted estimate of the value of total building approved rose 5.0% in July following a fall of 10.5% in the previous month. The value of residential building rose 1.3% and has risen for two months. The value of non-residential building rose 10.8% following a fall of 23.3% in the previous month.

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