QTPA Member Alert | ABS Building Approvals, Australia, September 2012 (released 31/10/2012)

ABS Building Approvals, Australia, September 2012 (released 31/10/2012)

At last some good news as Building and Construction is trending upward, although some mixed trends.

SEPTEMBER KEY FIGURES

		Sep 12	Aug 12 to Sep 12	Sep 11 to Sep 12
		no.	% change	% change

TREND
	Total dwelling units approved	12 845	0.1	5.2
	Private sector houses	7 447	0.7	-0.7
	Private sector dwellings excluding houses	5 236	-0.7	18.3
SEASONALLY ADJUSTED
	Total dwelling units approved	13 388	7.8	12.4
	Private sector houses	7 484	1.2	-1.8
	Private sector dwellings excluding houses	5 772	17.9	41.6

Dwelling units approved

Private sector houses approved

SEPTEMBER KEY POINTS

TOTAL DWELLING UNITS

The trend estimate for total dwellings approved rose 0.1% in September and has risen for 8 months.
The seasonally adjusted estimate for total dwellings approved rose 7.8% in September and has risen for 2 months.

PRIVATE SECTOR HOUSES

The trend estimate for private sector houses approved rose 0.7% in September and has risen for 4 months.
The seasonally adjusted estimate for private sector houses rose 1.2% in September following a fall of 0.6% in the previous month.

PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES

The trend estimate for private sector dwellings excluding houses fell 0.7% in September and has fallen for 2 months..
The seasonally adjusted estimate for private sector dwellings excluding houses rose 17.9% in September and has risen for 2 months.

VALUE OF BUILDING APPROVED

The trend estimate of the value of total building approved fell 1.6% in September and has fallen for 3 months. The value of residential building rose 1.3% and has risen for 8 months. The value of non-residential building fell 6.3% and has fallen for 4 months.
The seasonally adjusted estimate of the value of total building approved rose 3.2% in September and has risen for 2 months. The value of residential building rose 12.5% and has risen for 2 months. The value of non-residential building fell 12.3% following a rise of 5.5% in the previous month.