8731.0 - Building Approvals, Australia, Oct 2008 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 04/12/2008   
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VALUE OF BUILDING APPROVED


NEW RESIDENTIAL BUILDING

The trend estimate for the value of new residential building approved fell 3.4% in October 2008 and has fallen for 11 months.

Graph: New residential building


ALTERATIONS AND ADDITIONS TO RESIDENTIAL BUILDING

The trend estimate for the value of alterations and additions fell 2.1% and is now showing falls for 10 months.

Graph: Alterations and additions to residential buildings


NON-RESIDENTIAL BUILDING

The trend estimate for the value of non-residential building fell 7.0% in October and is now showing falls for four months.

Graph: Non-residential building