🔮 Better than the Oracle? Our Fair Value found this +42% bagger 5 months before Buffett bought itRead More

Dwelling Approvals Rise In June

Published 07/08/2018, 12:08 pm

JUNE KEY FIGURES

Jun 18 May 18 to Jun 18 Jun 17 to Jun 18
no. % change % change
TREND
Total dwelling units approved 18 736 0.1 2.1
Private sector houses 10 066 -0.6 2.9
Private sector dwellings excluding houses 8 496 1.1 2.1
SEASONALLY ADJUSTED
Total dwelling units approved 19 133 6.4 1.6
Private sector houses 10 127 5.0 2.1
Private sector dwellings excluding houses 8 786 7.2 0.9

Dwelling units approved
Graph: Dwelling units approved
Private sector houses approved
Graph: Private sector houses approved

JUNE KEY POINTS

TOTAL DWELLING UNITS

  • The trend estimate for total dwellings approved rose 0.1% in June.
  • The seasonally adjusted estimate for total dwellings approved rose 6.4% in June.

PRIVATE SECTOR HOUSES

  • The trend estimate for private sector houses approved fell 0.6% in June.
  • The seasonally adjusted estimate for private sector houses rose 5.0% in June.

PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES

  • The trend estimate for private sector dwellings excluding houses rose 1.1% in June.
  • The seasonally adjusted estimate for private sector dwellings excluding houses rose 7.2% in June.

VALUE OF BUILDING APPROVED

  • The trend estimate of the value of total building approved fell 0.8% in June and has fallen for seven months. The value of residential building rose 0.3% after falling for five months. The value of non-residential building fell 2.9% and has fallen for 11 months.
  • The seasonally adjusted estimate of the value of total building approved fell 1.2% in June. The value of residential building rose 1.8%, while the value of non-residential building fell 7.0%.

BUILDING APPROVALS

NUMBER OF TOTAL DWELLING UNITS

Chart

The trend estimate for Australia rose 0.1% in June.


NUMBER OF PRIVATE SECTOR HOUSES
Chart

The trend estimate for private sector houses approved fell 0.6% in June.


NUMBER OF PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES
Chart

The trend estimate for private sector dwelling units excluding houses rose 1.1% in June.


VALUE OF NEW RESIDENTIAL BUILDING
Chart

The trend estimate for the value of new residential building approved rose 0.5% in June after falling for five months.


VALUE OF ALTERATIONS AND ADDITIONS TO RESIDENTIAL BUILDING
Chart

The trend estimate for the value of alterations and additions to residential building fell 0.9% in June and has fallen for five months.


VALUE OF NON-RESIDENTIAL BUILDING
Chart

The trend estimate for the value of non-residential building approved fell 2.9% in June and has fallen for 11 months.

Please click below to read the full report:

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.