Turf QLD Industry Alert |ABS Building Activity, Australia, Mar 2015 (15/07/15)

ABS Building Activity, Australia, Mar 2015 (15/07/15)

MARCH 2015 KEY POINTS  BUILDING WORK DONE

• The trend estimate of the value of total building work done rose 2.0% in the March 2015 quarter.
• The seasonally adjusted estimate of the value of total building work done rose 3.7% to $23,619.7m in the March quarter, following a rise of 1.9% in the December 2014 quarter.

NEW RESIDENTIAL BUILDING WORK DONE

• The trend estimate of the value of new residential building work done rose 3.6% in the March quarter. The value of work done on new houses rose 3.9% while new other residential building rose 3.1%.
• The seasonally adjusted estimate of the value of new residential building work done rose 5.5% to $12,973.7m. Work done on new houses rose 7.3% to $7,752.1m, while new other residential building rose 3.0% to $5,221.6m.

NON-RESIDENTIAL WORK DONE

• The trend estimate of the value of non-residential building work done was flat in the March quarter.
• The seasonally adjusted estimate of the value of non-residential building work done in the quarter rose 1.3%, following a fall of 1.1% in the December 2014 quarter.

ABS MARCH KEY POINTS DWELLING UNITS COMMENCED

TOTAL DWELLINGS

• The trend estimate for the total number of dwelling units commenced rose 2.4% in the March 2015 quarter following a rise of 2.5% in the December quarter.
• The seasonally adjusted estimate for the total number of dwelling units commenced rose 8.6% to 53,901 dwellings in the March quarter following a fall of 8.2% in the December quarter.

NEW PRIVATE SECTOR HOUSES

• The trend estimate for new private sector house commencements rose 0.7% in the March quarter following a rise of 0.5% in the December quarter.
• The seasonally adjusted estimate for new private sector house commencements rose 0.2% to 28,349 dwellings in the March quarter following a rise of 0.9% in the December quarter.

NEW PRIVATE SECTOR OTHER RESIDENTIAL BUILDING

• The trend estimate for new private sector other residential building commencements rose 4.4% in the March quarter following a rise of 5.2% in the December quarter.
• The seasonally adjusted estimate for new private sector other residential building rose 19.7% to 24,311 dwellings in the March quarter following a fall of 19.2% in the December quarter.

ABS: Construction Activity Australia, Mar 2015 (15/07/15)  

MARCH 2015 KEY FIGURES