QTPA Member Alert |ABS Building Approvals, Australia, May 2013 (9/7/2013)

ABS Building Approvals, Australia, May 2013

MAY 2013 KEY FIGURES

	May 13 no.	April 13 to May 13 % change	May 12 5o May 13 % change
TREND
Total dwelling units approved	13 541	1.0	7.1
Private sector houses	7 972	1.5	10.0
Private sector dwelling excluding houses	5 170	-0.6	-1.1
SEASONALLY ADJUSTED
Total dwelling units approved	13 781	-1/1	-3.2
Private sector houses	8 113	2.5	11.6
Private sector dwelling excluding houses	5 156	-9.8	-24.5

TOTAL DWELLING UNITS

The trend estimate for total dwellings approved rose 1.0% in May and is now showing rises for three months.
The seasonally adjusted estimate for total dwellings approved fell 1.1% in May following a rise of 9.5% in the previous month.

PRIVATE SECTOR HOUSES

The trend estimate for private sector houses approved rose 1.5% in May and is now showing rises for six months.
The seasonally adjusted estimate for private sector houses rose 2.5% in May and has risen for five months.

PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES

The trend estimate for private sector dwellings excluding houses fell 0.6% in May and has fallen for five months.
The seasonally adjusted estimate for private sector dwellings excluding houses fell 9.8% in May following a rise of 17.9% in the previous month.

VALUE OF BUILDING APPROVED

The trend estimate of the value of total building approved rose 1.9% in May and has risen for 16 months. The value of residential building was flat. The value of non-residential building rose 4.1% and has risen for seven months.
The seasonally adjusted estimate of the value of total building approved rose 4.2% in May following a fall of 3.4% in the previous month. The value of residential building fell 0.2% following a rise of 4.0% in the previous month. The value of non-residential building rose 10.0% following a fall of 11.6% in the previous month.