Turf QLD Industry Alert |ABS Building Approvals, Australia, Apr 2017

ABS Building Approvals, Australia, Apr 2017        

APRIL 2017 KEY POINTS

TOTAL DWELLING UNITS

• The trend estimate for total dwellings approved rose 0.1% in April and has risen for three months.
• The seasonally adjusted estimate for total dwellings approved rose 4.4% in April following a fall of 10.3% in the previous month.

PRIVATE SECTOR HOUSES

• The trend estimate for private sector houses approved fell 0.2% in April and has fallen for 13 months.
• The seasonally adjusted estimate for private sector houses rose 0.5% in April following a fall of 2.7% in the previous month.

PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES

• The trend estimate for private sector dwellings excluding houses rose 0.5% in April and has risen for four months.
• The seasonally adjusted estimate for private sector dwellings excluding houses rose 9.6% in April following a fall of 18.2% in the previous month.

VALUE OF BUILDING APPROVED

• The trend estimate of the value of total building approved rose 2.5% in April and has risen for three months. The value of residential building rose 0.2% and has risen for four months. The value of non-residential building rose 6.9% and has risen for three months.
• The seasonally adjusted estimate of the value of total building approved rose 7.2% in April following a fall of 15.4% in the previous month. The value of residential building rose 8.2% following a fall of 22.3% in the previous month. The value of non-residential building rose 5.5% following a fall of 1.3% in the previous month.