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QTPA Member Alert |Building Approvals, Australia, December 2013 (5/2/2014)

Building Approvals, Australia, December 2013 

DECEMBER 2013 KEY FIGURES

 

Dec 13

No.

Nov 13 to Dec 13

% change

Dec 12 to Dec 13

% change

TREND

Total dwelling units approved

16 583

1.5

25.0

Private sector houses

8 665

2.2

15.9

Private sector dwellings excluding houses

7 711

3.3

39.4

SEASONALLY ADJUSTED

Total dwelling units approved

16 141

-2.9

21.8

Private sector houses

8 604

-3.4

17.8

Private sector dwellings excluding houses

7 353

-1.2

29.3

DECEMBER 2013 KEY POINTS

TOTAL DWELLING UNITS

  • The trend estimate for total dwellings approved rose 1.5% in December and has risen for 24 months.
  • The seasonally adjusted estimate for total dwellings approved fell 2.9% in December and has fallen for three months.

PRIVATE SECTOR HOUSES

  • The trend estimate for private sector houses approved rose 1.1% in December and has risen for 13 months.
  • The seasonally adjusted estimate for private sector houses fell 3.4% in December after rising for three months.

PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES

  • The trend estimate for private sector dwellings excluding houses rose 2.2% in December and has risen for nine months.
  • The seasonally adjusted estimate for private sector dwellings excluding houses fell 1.2% in December and has fallen for three months.

VALUE OF BUILDING APPROVED

  • The trend estimate of the value of total building approved rose 3.1% in December and has risen for 23 months. The value of residential building rose 2.2% and has risen for ten months. The value of non-residential building rose 4.3% and has risen for five months.

The seasonally adjusted estimate of the value of total building approved rose 6.5% in December following a fall of 3.9% in the previous month. The value of residential building rose 3.4% following a fall of 1.5% in the previous month. The value of non-residential building rose 11.2% following a fall of 7.3% in the previous month

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