ABS Update: Dwelling approvals fall in June

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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.

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