• Australian building approvals rose 0.4% in August

Market news

3 October 2017

Australian building approvals rose 0.4% in August

The trend estimate for total dwellings approved rose 1.1% in August and has risen for seven months.

The seasonally adjusted estimate for total dwellings approved rose 0.4% in August following a fall of 1.2% in the previous month.

The trend estimate for private sector houses approved rose 0.9% in August and has risen for six months.

The seasonally adjusted estimate for private sector houses fell 0.6% in August after rising for three months.

The trend estimate for private sector dwellings excluding houses rose 1.3% in August and has risen for three months.

The seasonally adjusted estimate for private sector dwellings excluding houses rose 4.8% in August following a fall of 6.6% in the previous month.

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