The seasonally adjusted estimate for the number of dwellings approved in Australia fell 6.1% on month in August, after rising 11.0% in July, the Australian Bureau of Statistics said.
The seasonally adjusted estimate for private sector house approvals rose 0.5%, after rising 0.9% in July. Private sector dwellings excluding houses approved fell 16.5%, following a 33.0% July increase.
The trend estimate for private sector house approvals was flat, after a 0.9% rise in July. Private sector dwellings excluding houses rose 1.8%, following a 2.5% increase in July.
Seasonally adjusted summary, by state
Approvals for total dwellings fell in all states: New South Wales (-11.5%), South Australia (-11.5%), Tasmania (-4.4%), Queensland (-3.9%), Western Australia (-3.3%), and Victoria (-3.0%)
Approvals for private sector houses were mixed. New South Wales (3.9%), Western Australia (1.9%), and Victoria (1.4%) rose. However, South Australia (-4.0%) and Queensland (-3.9%) decreased, in seasonally adjusted terms.
Trend summary, by state
Approvals for total dwellings rose in Queensland (2.7%), Victoria (1.5%), South Australia (0.9%), Western Australia (0.6%), and Tasmania (0.5%). The trend estimate fell in the Australian Capital Territory (-24.6%), the Northern Territory (-2.7%), and New South Wales (-1.4%).
Approvals for private sector houses rose in South Australia (1.4%), Queensland (1.3%), and Western Australia (0.9%), while New South Wales (-1.7%) and Victoria (-0.7%) fell, in trend terms.
Value of building approved, seasonally adjusted
The value of total building approved fell 0.2% (to $13.25b), following a 6.9% rise in July. The value of total residential building fell 6.7% (to $7.96b), comprised of a 7.9% decrease in new residential building and a 1.4% rise in alterations and additions.
The value of non-residential building rose 11.5%, after a 2.8% July increase.
Value of building approved, trend
The trend estimate of the value of total building approved rose 0.4%, following a 0.8% rise in July. The value of total residential building rose 1.0%, comprised of a 1.1% increase in new residential building and a 0.3% rise in alterations and additions.
The value of non-residential building fell 0.4%, following a 0.9% July decrease.
