Turf QLD Industry Alert |ABS Building Approvals, Australia, Dec 2014

ABS Building Approvals, Australia, Dec 2014

DECEMBER 2014 KEY FIGURES

	Dec 14	Nov 14 to Dec 14	Dec 13 to Dec 14
	no.	% change	% change
TREND
Total dwelling units approved	17 124	1.3	2.1
Private sector houses	9 312	-0.2	2.3
Private sector dwellings excluding houses	7 528	2.9	0.7
SEASONALLY ADJUSTED
Total dwelling units approved	17 753	-3.3	8.8
Private sector houses	9 314	–	4.8
Private sector dwellings excluding houses	7 985	-9.7	9.9

DECEMBER 2014 KEY POINTS

TOTAL DWELLING UNITS

The trend estimate for total dwellings approved rose 1.3% in December and has risen for seven months.
The seasonally adjusted estimate for total dwellings approved fell 3.3% in December after rising for two months.

PRIVATE SECTOR HOUSES

The trend estimate for private sector houses approved fell 0.2% in December and has fallen for nine months.
The seasonally adjusted estimate for private sector houses was flat in December after falling for three months.

PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES

The trend estimate for private sector dwellings excluding houses rose 2.9% in December and has risen for seven months.
The seasonally adjusted estimate for private sector dwellings excluding houses fell 9.7% in December after rising for two months.

VALUE OF BUILDING APPROVED

The trend estimate of the value of total building approved rose 0.2% in December after falling for four months. The value of residential building rose 0.6% and has risen for two months. The value of non-residential building fell 0.7% and has fallen for four months.
The seasonally adjusted estimate of the value of total building approved fell 14.7% in December after rising for two months. The value of residential building fell 10.9% after rising for two months. The value of non-residential building fell 22.7% following a rise of 29.1% in the previous month.