8731.0 - Building Approvals, Australia, May 2007  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 03/07/2007   
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VALUE OF BUILDING APPROVED


NEW RESIDENTIAL BUILDING

The trend estimate for the value of new residential building fell 0.2% in May 2007 following rises for the previous seventeen months.

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 seven months.

Graph: Alterations and additions to residential buildings



NON-RESIDENTIAL BUILDING

The trend estimate for the value of non-residential building is now showing falls for the last four months.

Graph: Non-residential building