8731.0 - Building Approvals, Australia, Jul 2008 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 02/09/2008   
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VALUE OF BUILDING APPROVED


NEW RESIDENTIAL BUILDING

The trend estimate for the value of new residential building approved fell 0.4% in July 2008 and has fallen for seven months.

Graph: New residential building


ALTERATIONS AND ADDITIONS TO RESIDENTIAL BUILDING

The trend estimate for the value of alterations and additions rose 0.5% and is now showing rises for two months following falls for the previous five months.

Graph: Alterations and additions to residential buildings


NON-RESIDENTIAL BUILDING

The trend estimate for the value of non-residential building rose 2.6% and has risen for three consecutive months.

Graph: Non-residential building