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8731.0 - Building Approvals, Australia, Feb 2011 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 31/03/2011   
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FEBRUARY KEY FIGURES

Feb 11
Jan 11 to Feb 11
Feb 10 to Feb 11
no.
% change
% change

TREND
Total dwelling units approved
12 894
-1.7
-17.4
Private sector houses
8 016
-0.4
-16.4
Private sector other dwellings
4 562
-3.1
13.5
SEASONALLY ADJUSTED
Total dwelling units approved
12 011
-7.4
-21.8
Private sector houses
7 993
0.2
-17.4
Private sector other dwellings
3 715
-20.0
9.2


Dwelling units approved
Graph: Number of dwelling units approved

Private sector houses approved
Graph: Private sector houses approved




FEBRUARY KEY POINTS


TOTAL DWELLING UNITS
  • The trend estimate for total dwellings approved fell 1.7% in February 2011 and is now showing falls for four months.
  • The seasonally adjusted estimate for total dwellings approved fell 7.4% following a fall of 11.6% in the previous month.


PRIVATE SECTOR HOUSES
  • The trend estimate for private sector houses approved fell 0.4% in February and has fallen for 14 months.
  • The seasonally adjusted estimate for private sector houses approved rose 0.2% in February following falls in the previous four months.


PRIVATE SECTOR OTHER DWELLING UNITS
  • The trend estimate for private sector other dwellings approved fell 3.1% in February and is now showing falls for three months.
  • The seasonally adjusted estimate for private sector other dwellings approved fell 20.0% following a fall of 20.4% last month.


VALUE OF BUILDING APPROVED
  • The trend estimate for the value of total building approved fell 2.4% in February and is now showing falls for five months. The trend estimates for the value of building approved should be interpreted with caution. See the data notes on page 2 of this publication.
  • The seasonally adjusted estimate for the value of total building approved rose 13.7% in February. The seasonally adjusted estimate for the value of total residential building fell 2.9% and the value of non-residential building rose 59.3%.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
March 2011 5 May 2011
April 2011 31 May 2011
May 2011 4 July 2011
June 2011 2 August 2011
July 2011 30 August 2011
August 2011 4 October 2011



CHANGES IN THIS ISSUE

There are no changes in this issue.


REVISIONS THIS MONTH

Revisions to the total number of dwelling units approved in this issue are:

2009-10
2010-11
TOTAL

NSW
63
900
963
Vic.
51
3
54
Qld
-
594
594
SA
-51
-26
-77
WA
-
5
5
Tas.
-
17
17
NT
-
-
-
ACT
-
20
20
Total
63
1 513
1 576




DATA NOTES

Widespread flooding in the eastern states, particularly Queensland, and other recent natural disasters have not adversely affected participation by providers in the Building Approvals collection or the quality of estimates in this release. However, these events are likely to have had an impact on the number of approved dwellings and the value of approved work in February 2011. While revisions may still occur in these data (see para 6 in Explanatory Notes), these are not expected to be unduly affected by the flooding and unusual weather events experienced across the country.

The trend estimates should be interpreted with caution as the underlying behaviour of building approvals may be affected by initiatives within the Government stimulus package, which included the "Building the Education Revolution" (BER) program and the Social Housing Initiative as well as other developments associated with global economic conditions. From June 2009 to February 2010 BER impacts were quantified and removed from the trend estimates because of its short term nature. From March 2010 these impacts are no longer removed from the trend estimates as their effect has significantly declined. For more details on trend estimates, please see paragraphs 21 to 24 of the explanatory notes.


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070.


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