8731.0 - Building Approvals, Australia, July 2012 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 30/08/2012   
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30 August 2012
Embargo: 11.30 am (Canberra time)

Private sector house approvals stable in July

ABS Building Approvals show that the number of dwellings approved fell 17.3% in July 2012, in seasonally adjusted terms, and has fallen for 2 months.

Dwelling approvals decreased in July in Victoria (-29.4%), Queensland (-19.7%), New South Wales (-9.4%), Western Australia (-4.8%), Tasmania (-4.5%) and South Australia (-1.4%) in seasonally adjusted terms.

In seasonally adjusted terms, approvals for private sector houses rose 1.6% in July. Private sector house approvals rose in New South Wales (13.1%) and South Australia (0.2%) but fell in Queensland (-2.4%) and Western Australia (-2.1%). Private house approvals were flat in Victoria.

The value of total building approved fell 19.5% in July, in seasonally adjusted terms, and has fallen for 2 months. The value of residential building fell 21.1% while non-residential building fell 17.0%.

Further information is available in Building Approvals, Australia (cat no. 8731.0) on the ABS website at www.abs.gov.au

Media Note: Please ensure when reporting on ABS data that you attribute the Australian Bureau of Statistics (or the ABS) as the source.