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

ABS Building Approvals, Australia, Jun 2017

2017 JUNE KEY POINTS

TOTAL DWELLING UNITS

• The trend estimate for total dwellings approved rose 0.1% in June after falling for three months.
• The seasonally adjusted estimate for total dwellings approved rose 10.9% in June following a fall of 5.4% in the previous month.

PRIVATE SECTOR HOUSES

• The trend estimate for private sector houses approved rose 0.8% in June and has risen for four months.
• The seasonally adjusted estimate for private sector houses rose 3.4% in June and has risen for three months.

PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES

• The trend estimate for private sector dwellings excluding houses fell 0.7% in June and has fallen for four months.
• The seasonally adjusted estimate for private sector dwellings excluding houses rose 20.0% in June following a fall of 12.4% in the previous month.

VALUE OF BUILDING APPROVED

• The trend estimate of the value of total building approved rose 1.3% in June and has risen for five months. The value of residential building fell 0.1% and has fallen for three months. The value of non-residential building rose 3.4% and has risen for five months.
• The seasonally adjusted estimate of the value of total building approved rose 2.2% in June and has risen for three months. The value of residential building rose 5.5% following a fall of 1.3% in the previous month. The value of non-residential building fell 2.6% after rising for two months.