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- Australian building approvals declined 1.5% in October
Australian building approvals declined 1.5% in October
Total dwelling units:
The trend estimate for total dwellings approved fell 1.1% in october.
The seasonally adjusted estimate for total dwellings approved fell 1.5% in october.
Private sector houses:
The trend estimate for private sector houses approved fell 0.5% in october.
The seasonally adjusted estimate for private sector houses rose 2.7% in october.
Private sector dwellings excluding houses
The trend estimate for private sector dwellings excluding houses fell 1.8% in october.
The seasonally adjusted estimate for private sector dwellings excluding houses fell 4.8% in october.
Value of building approved:
The trend estimate of the value of total building approved fell 1.5% in october and has fallen for 12 months. The value of residential building fell 1.4% and has fallen for ten months. The value of non-residential building fell 1.8% and has fallen for 15 months.
The seasonally adjusted estimate of the value of total building approved rose 2.8% in october. The value of residential building rose 2.1%, while the value of non-residential building rose 4.0%.
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