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

ABS Building Approvals, Australia, Sep 2016 

SEPTEMBER 2016 KEY POINTS

TOTAL DWELLING UNITS

• The trend estimate for total dwellings approved fell 0.6% in September and has fallen for four months.
• The seasonally adjusted estimate for total dwellings approved fell 8.7% in September and has fallen for two months.

PRIVATE SECTOR HOUSES

• The trend estimate for private sector houses approved fell 0.5% in September and has fallen for six months.
• The seasonally adjusted estimate for private sector houses rose 2.3% in September after falling for three months.

PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES

• The trend estimate for private sector dwellings excluding houses fell 0.7% in September and has fallen for two months.
• The seasonally adjusted estimate for private sector dwellings excluding houses fell 16.3% in September and has fallen for two months.

VALUE OF BUILDING APPROVED

• The trend estimate of the value of total building approved rose 2.1% in September and has risen for 10 months. The value of residential building fell 0.1% and has fallen for two months. The value of non-residential building rose 6.0% and has risen for eight months.
• The seasonally adjusted estimate of the value of total building approved rose 29.9% in September following a fall of 7.7% in the previous month. The value of residential building fell 4.4% after rising for two months. The value of non-residential building rose 118.9% after falling for two months.