New data released by the ABS has found that the number of dwellings approved in Australia fell by 1.3% in June.
This decrease was driven by private dwellings excluding houses, which fell 2.5%. Approvals for private houses also fell 0.8%.
Within the states and territories, total dwelling approvals fell in:
- The ACT by 4.7%.
- Tasmania by 3.8%.
- Western Australia by 3.5%.
- NSW by 2.9%.
- South Australia by 0.8%.
There were increases recorded in the Northern Territory by 5.8%, Victoria by 0.4% and Queensland by 0.2%.
Approvals for private sector houses declined 0.8%. Across the country, declines were recorded in NSW by 2.2%, South Australia by 0.8%, Western Australia by 0.6%, and Queensland by 0.4%. The only increase was 0.1%, recorded in Victoria.
The value of total building approved recorded an increase of 0.4%. The value of non-residential building rose 2%, with total residential building declined by 0.8%. These figures are all in trend terms.