8731.0 - Building Approvals, Australia, May 2008 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 02/07/2008   
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VALUE OF BUILDING APPROVED


NEW RESIDENTIAL BUILDING

The trend estimate for the value of new residential building approved fell 1.1% in May 2008 and has fallen for six months.

Graph: New residential building


ALTERATIONS AND ADDITIONS TO RESIDENTIAL BUILDING

The trend estimate for the value of alterations and additions fell 1.4% and is now showing fall for five 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 has fallen for the last four months.

Graph: Non-residential building