Turf QLD Industry Alert |ABS Building Approvals, Australia, Apr 2016

ABS Building Approvals, Australia, Apr 2016 

APRIL KEY POINTS

TOTAL DWELLING UNITS

• The trend estimate for total dwellings approved rose 1.2% in April and has risen for five months.
• The seasonally adjusted estimate for total dwellings approved rose 3.0% in April and has risen for two months.

PRIVATE SECTOR HOUSES

• The trend estimate for private sector houses approved rose 0.2% in April and has risen for three months.
• The seasonally adjusted estimate for private sector houses fell 2.3% in April after rising for two months.

PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES

• The trend estimate for private sector dwellings excluding houses rose 2.3% in April and has risen for five months.
• The seasonally adjusted estimate for private sector dwellings excluding houses rose 8.7% in April and has risen for two months.

VALUE OF BUILDING APPROVED

• The trend estimate of the value of total building approved rose 1.1% in April and has risen for three months.
• The value of residential building rose 1.6% and has risen for five months.
• The value of non-residential building was flat.
• The seasonally adjusted estimate of the value of total building approved rose 18.3% in April following a fall of 4.3% in the previous month.
• The value of residential building rose 8.4% and has risen for three months.
• The value of non-residential building rose 47.3% after falling for four months.