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8731.0 - Building Approvals, Australia, Oct 2014 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 02/12/2014   
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OCTOBER KEY FIGURES

Oct 14
Sep 14 to Oct 14
Oct 13 to Oct 14
no.
% change
% change

TREND
Total dwelling units approved
16 518
0.6
1.9
Private sector houses
9 410
-
9.7
Private sector dwellings excluding houses
6 931
1.6
-6.5
SEASONALLY ADJUSTED
Total dwelling units approved
17 062
11.4
2.5
Private sector houses
9 380
-0.2
12.7
Private sector dwellings excluding houses
7 532
31.3
-7.0

- nil or rounded to zero (including null cells)

Dwelling units approved
Graph: Dwelling units approved

Private sector houses approved
Graph: Private sector houses




OCTOBER KEY POINTS


TOTAL DWELLING UNITS
  • The trend estimate for total dwellings approved rose 0.6% in October and has risen for five months.
  • The seasonally adjusted estimate for total dwellings approved rose 11.4% in October following a fall of 11.2% in the previous month.


PRIVATE SECTOR HOUSES
  • The trend estimate for private sector houses approved was flat in October.
  • The seasonally adjusted estimate for private sector houses fell 0.2% in October and has fallen for two months.


PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES
  • The trend estimate for private sector dwellings excluding houses rose 1.6% in October and has risen for five months.
  • The seasonally adjusted estimate for private sector dwellings excluding houses rose 31.3% in October following a fall of 24.5% in the previous month.


VALUE OF BUILDING APPROVED
  • The trend estimate of the value of total building approved fell 1.2% in October and has fallen for 11 months. The value of residential building fell 1.1% and has fallen for four months. The value of non-residential building fell 1.3% and has fallen for 11 months.
  • The seasonally adjusted estimate of the value of total building approved rose 0.2% in October following a fall of 10.0% in the previous month. The value of residential building rose 8.0% following a fall of 16.3% in the previous month. The value of non-residential building fell 14.1% following a rise of 4.7% in the previous month.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
October 2014 - Additional9 December 2014
November 2014 8 January 2015
November 2014 - Additional 15 January 2015
December 2014 3 February 2015
December 2014 - Additional10 February 2015
January 20153 March 2015



DATA NOTES

A number of time series spreadsheets contain 'np' (not available for publication) annotations. This is due to confidential data being contained in these series.

Small area data cubes will be released in an "Additional Information" release five business days after the main publication. The data cubes will be for Statistical Area Level 2 and Local Government Areas. Release dates are published under the "Forthcoming Issues" section of the publication and in ABS Release Advice.

A new base year, 2012-13, has been introduced into the chain volume estimates which has resulted in revisions to growth rates in subsequent periods. In addition, the chain volume estimates have been re-referenced to 2012-13, thereby preserving additivity in the quarters after the reference year. Re-referencing affects the levels of, but not the movements in, chain volume estimates. For further information, see the explanatory notes.


REVISIONS THIS MONTH

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

Dwellings
2013-14
2014-15
TOTAL

NSW
51
8
59
Vic.
652
395
1 047
Qld
177
420
597
SA
-7
6
-1
WA
-1
41
40
Tas.
-
-
-
NT
-
-
-
ACT
1
-
1
Total
873
870
1 743

- nil or rounded to zero (including null cells)



INQUIRIES

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Commonwealth of Australia 2014

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