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NUMBER OF DWELLINGS APPROVED, Houses: Trend
In the three months to July 2008, the number of new house approvals (original) in Western Australia rose by 15.8% (622 approvals), compared to the previous quarter. It is the first increase since the three months to July 2007 rise of 5.7% (254 approvals). The total number of building approvals also grew, a rise of 6.3% (360 approvals) over the same period.
In terms of dollar value, new house approvals increased 11.9% ($128 million) to $1,205 million, following a decrease of 4.5% ($51 million) in the previous three months period. The value of total building approvals rose by 33.6% ($814 million) to $3,236 million in the three months to July 2008, after a fall of 35.2% ($1,316 million) in the previous three months period.
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