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8731.0 - Building Approvals, Australia, Mar 2007  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 08/05/2007   
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MARCH KEY FIGURES

Mar 07
Feb 07 to Mar 07
Mar 06 to Mar 07
no.
% change
% change

TREND
Total dwelling units approved
12 162
-1.0
-2.2
Private sector houses
8 333
-0.8
-3.4
Private sector other dwellings
3 444
-1.4
-2.7
SEASONALLY ADJUSTED
Total dwelling units approved
11 752
-11.4
-9.6
Private sector houses
8 422
0.1
-1.3
Private sector other dwellings
3 053
-29.2
-27.0

Dwelling units approved,
Total number

Graph: Number of dwelling units approved

Private sector houses approved,
Total number
Graph: Private sector houses approved



MARCH KEY POINTS


TOTAL DWELLING UNITS

  • The trend estimate for total dwelling approvals fell 1.0% in March 2007 following a revised decrease of 0.7% in February 2007.
  • The seasonally adjusted estimate for total dwelling units approved fell 11.4% in March 2007, which follows a 9.0% increase in February 2007.


PRIVATE SECTOR HOUSES
  • The trend estimate for private sector house approvals fell 0.8% in March 2007.
  • The seasonally adjusted estimate for private sector houses approved rose 0.1%, to 8,422, in March 2007.


PRIVATE SECTOR OTHER DWELLING UNITS
  • The trend estimate for private sector other dwellings approved fell 1.4% in March 2007.
  • The seasonally adjusted estimate for private sector other dwellings approved fell 29.2% in March 2007 following a revised increase of 25.6% in February 2007.


VALUE OF BUILDING APPROVED
  • The trend estimate for the value of total building approved rose 0.1% in March 2007. The trend estimate for the value of new residential building remained unchanged and the trend estimate for the value of alterations and additions fell 0.6%. The trend estimate for the value of non-residential building approved rose 0.4% in March 2007.
  • The seasonally adjusted estimate for the value of total building approved fell 3.7%, to $5,471.5m, in March 2007. The seasonally adjusted estimate for the value of new residential building approved fell 3.4%, to $2,805.6m. The seasonally adjusted estimate for the value of alterations and additions fell 2.0%, to $464.6m. The seasonally adjusted estimate for the value of non-residential building fell 4.5%, to $2,201.3m.


NOTES

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:

2001-02
2002-03
2003-04
2004-05
2005-06
2006-07
Total

NSW
34
12
1 339
1 177
91
42
2 695
Vic.
-
-
-
3
1
26
30
Qld
-
-
204
254
107
365
930
SA
-
-
344
198
-
2
544
WA
-
-
107
123
-
11
241
Tas.
-
1
27
15
-
-
43
NT
-
-
-
-
-
-
-
ACT
-
-
-
-
-
-
-
Total
34
13
2 021
1 770
199
446
4 483


These revisions are a result of the ongoing audits, of building approvals data, conducted by municipalities and the ABS.



INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Paul Pamment on Adelaide (08) 8237 7648.


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