QTPA Member Alert |ABS Building Approvals, Australia, March 2013 (14/5/2013)

ABS Building Approvals, Australia, March 2013

	Mar-13 no.	Feb 13 to Mar 13% change	Mar 12 to Mar 13 % change
TREND
Total dwelling units approved	12,835	-1.2	5.6
Private sector houses	7,520	0.2	2.2
Private sector dwellings excluding houses	5,040	-3.1	8.9
SEASONALLY ADJUSTED
Total dwelling units approved	12,599	-5.5	3.9
Private sector houses	7,586	0.4	-0.6
Private sector dwellings excluding houses	4,859	-8.3	12.3

MARCH 2013 KEY POINTS

TOTAL DWELLING UNITS

The trend estimate for total dwellings approved fell 1.2% in March and has fallen for three months.
The seasonally adjusted estimate for total dwellings approved fell 5.5% in March following a rise of 3.0% in the previous month.

PRIVATE SECTOR HOUSES

The trend estimate for private sector houses approved rose 0.2% in March and has risen for three months.
The seasonally adjusted estimate for private sector houses rose 0.4% in March and has risen for three months.

PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES

The trend estimate for private sector dwellings excluding houses fell 3.1% in March and has fallen for three months.
The seasonally adjusted estimate for private sector dwellings excluding houses fell 8.3% in March following a rise of 1.3% in the previous month.

VALUE OF BUILDING APPROVED

The trend estimate of the value of total building approved rose 0.1% in March and has risen for 14 months. The value of residential building fell 2.4% and has fallen for three months. The value of non-residential building rose 3.6% and has risen for five months.
The seasonally adjusted estimate of the value of total building approved rose 7.0% in March following a fall of 4.1% in the previous month. The value of residential building fell 6.9% following a rise of 2.4% in the previous month. The value of non-residential building rose 29.4% following a fall of 12.9% in the previous month.