8731.0 - Building Approvals, Australia, Dec 2007 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 05/02/2008   
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VALUE OF BUILDING APPROVED


NEW RESIDENTIAL BUILDING

The trend estimate for the value of new residential building approved rose 1.1% in December 2007 and has risen for seven months.

Graph: New residential building



ALTERATIONS AND ADDITIONS TO RESIDENTIAL BUILDING

The trend estimate for the value of alterations and additions fell 1.3% and is now showing falls for the last three months.

Graph: Alterations and additions to residential buildings



NON-RESIDENTIAL BUILDING

The trend estimate for the value of non-residential building fell 1.1% and is now showing falls for the last three months.

Graph: Non-residential building