8731.0 - Building Approvals, Australia, Mar 2007  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 08/05/2007   
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VALUE OF BUILDING APPROVED


NEW RESIDENTIAL BUILDING

The trend estimate for the value of new residential building is showing little or no change for the last six months following ten months of weak growth.

Graph: New residential building



ALTERATIONS AND ADDITIONS TO RESIDENTIAL BUILDING

The trend estimate for the value of alterations and additions has fallen for the last five months.

Graph: Alterations and additions to residential buildings



NON-RESIDENTIAL BUILDING

The trend estimate for the value of non-residential building has risen for the last six months.

Graph: Non-residential building