• Australian building approvals rose 4.4% in April

Market news

30 May 2017

Australian building approvals rose 4.4% in April

The trend estimate for total dwellings approved rose 0.1% in April and has risen for three months.

The seasonally adjusted estimate for total dwellings approved rose 4.4% in April following a fall of 10.3% in the previous month.

The trend estimate for private sector houses approved fell 0.2% in April and has fallen for 13 months.

The seasonally adjusted estimate for private sector houses rose 0.5% in April following a fall of 2.7% in the previous month.

The trend estimate for private sector dwellings excluding houses rose 0.5% in April and has risen for four months.

The seasonally adjusted estimate for private sector dwellings excluding houses rose 9.6% in April following a fall of 18.2% in the previous month.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.