• Australian building approvals rose 1.5% in September

Market news

2 November 2017

Australian building approvals rose 1.5% in September

Total dwelling units:

  • The trend estimate for total dwellings approved rose 1.8% in september and has risen for eight months.

  • The seasonally adjusted estimate for total dwellings approved rose 1.5% in september and has risen for two months.

Value of building approved:

  • The trend estimate of the value of total building approved rose 1.3% in september and has risen for nine months. The value of residential building rose 1.5% and has risen for five months. The value of non-residential building rose 1.0% and has risen for eight months.

  • The seasonally adjusted estimate of the value of total building approved rose 8.3% in september after falling for two months. The value of residential building rose 0.1% and has risen for two months. The value of non-residential building rose 22.4% following a fall of 10.9% in the previous month.

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