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QTPA Member Alert | ABS Dwelling Unit Commencements, Australia, Mar 2012 (25/6/2012)

ABS Dwelling Unit Commencements, Australia, Mar 2012

MARCH KEY FIGURE

Mar qtr 12 Dec qtr 11 to Mar qtr 12 Mar qtr 11 to Mar qtr 12
no.%%

Trend Estimates

Total dwelling units commenced 31 682 -7.5 -19.2
New private sector houses20 703-4.7-10.8
New private sector other residential building10 181-12.1-27.8

Seasonally Adjusted Estimates

Total dwelling units commenced 30 623 -12.6 -24.5
New private sector houses20 306-7.8-13.1
New private sector other residential building9 492-21.6-37.7

Dwelling units commenced

Private dwellings commenced, Trend estimates

MARCH KEY POINTS

DWELLING UNITS COMMENCED

  • The trend estimate for the total number of dwelling units commenced fell 7.5% in the March quarter 2012 following a fall of 7.2% in the December quarter 2011.
  • The seasonally adjusted estimate for the total number of dwelling units commenced fell 12.6% in the March quarter following a fall of 4.5% in the December quarter.

NEW PRIVATE SECTOR HOUSES

  • The trend estimate for new private sector house commencements fell 4.7% in the March quarter following a fall of 3.7% in the December quarter.
  • The seasonally adjusted estimate for new private sector house commencements fell 7.8% in the March quarter following a fall of 2.6% in the December quarter.

NEW PRIVATE SECTOR OTHER RESIDENTIAL BUILDING

  • The trend estimate for new private sector other residential building commencements fell 12.1% in the March quarter following a fall of 11.7% in the December quarter.
  • The seasonally adjusted estimate for new private sector other residential building fell 21.6% in the March quarter following a fall of 6.3% in the December quarter.

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