• Australian building approvals fell over 13%

Market news

8 May 2017

Australian building approvals fell over 13%

The trend estimate for total dwellings approved rose 0.8% in March after falling for nine months.

The seasonally adjusted estimate for total dwellings approved fell 13.4% in March after rising for two months.

The trend estimate for private sector houses approved fell 0.6% in March and has fallen for 12 months.

The seasonally adjusted estimate for private sector houses fell 4.3% in March following a rise of 5.0% in the previous month.

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