QTPA Member Alert |ABS Building Approvals, Australia, October 2013 (5/12/2013)

ABS Building Approvals, Australia, October 2013

OCTOBER 2013 KEY FIGURES

	Oct 13 No.	Sep 13 to Oct 13 % change	Oct 12 to Oct 13 % change
TREND
Total dwelling units approved	15 686	1.9	19.1
Private sector houses	8 265	0.2	10.3
Private sector dwellings excluding houses	7 186	4.5	32.1
SEASONALLY ADJUSTED
Total dwelling units approved	16 491	-1.8	23.1
Private sector houses	8 234	-0.3	9.6
Private sector dwellings excluding houses	8 026	-2.7	47.7

OCTOBER 2013 KEY POINTS

TOTAL DWELLING UNITS

The trend estimate for total dwellings approved rose 1.9% in October and has risen for 22 months.
The seasonally adjusted estimate for total dwellings approved fell 1.8% in October following a rise of 16.9% in the previous month.

PRIVATE SECTOR HOUSES

The trend estimate for private sector houses approved rose 0.2% in October and has risen for 11 months.
The seasonally adjusted estimate for private sector houses fell 0.3% in October following a rise of 1.3% in the previous month.

PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES

The trend estimate for private sector dwellings excluding houses rose 4.5% in October and has risen for six months.
The seasonally adjusted estimate for private sector dwellings excluding houses fell 2.7% in October following a rise of 37.4% in the previous month.

VALUE OF BUILDING APPROVED

The trend estimate of the value of total building approved rose 2.3% in October and has risen for 21 months. The value of residential building rose 2.9% and has risen for eight months. The value of non-residential building rose 1.4% and has risen for two months.
The seasonally adjusted estimate of the value of total building approved rose 9.3% in October and has risen for four months. The value of residential building rose 2.3% and has risen for five months. The value of non-residential building rose 21.6% following a fall of 8.9% in the previous month.