8731.0 - Building Approvals, Australia, Oct 2017 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 30/11/2017   
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OCTOBER KEY FIGURES

Oct 17
Sep 17 to Oct 17
Oct 16 to Oct 17
no.
% change
% change

TREND
Total dwelling units approved
19 111
0.7
4.2
Private sector houses
10 029
0.6
5.8
Private sector dwellings excluding houses
8 812
0.8
2.5
SEASONALLY ADJUSTED
Total dwelling units approved
19 074
0.9
18.4
Private sector houses
10 063
1.5
6.2
Private sector dwellings excluding houses
8 683
-1.0
37.6


Dwelling units approved
Graph: Dwelling units approved

Private sector houses approved
Graph: Private sector houses approved




OCTOBER KEY POINTS


TOTAL DWELLING UNITS
  • The trend estimate for total dwellings approved rose 0.7% in October and has risen for nine months.
  • The seasonally adjusted estimate for total dwellings approved rose 0.9% in October.


PRIVATE SECTOR HOUSES
  • The trend estimate for private sector houses approved rose 0.6% in October and has risen for eight months.
  • The seasonally adjusted estimate for private sector houses rose 1.5% in October.


PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES
  • The trend estimate for private sector dwellings excluding houses rose 0.8% in October and has risen for five months.
  • The seasonally adjusted estimate for private sector dwellings excluding houses fell 1.0% in October.


VALUE OF BUILDING APPROVED
  • The trend estimate of the value of total building approved rose 0.5% in October and has risen for 10 months. The value of residential building rose 0.8% and has risen for 10 months. The value of non-residential building was flat.
  • The seasonally adjusted estimate of the value of total building approved fell 1.1% in October. The value of residential building rose 5.4%, while the value of non-residential building fell 10.1%.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
October 2017 - Additional7 December 2017
November 2017 9 January 2018
November 2017 - Additional16 January 2018
December 2017 1 February 2018
December 2017 - Additional8 February 2018
January 2018 5 March 2018



CHANGES THIS ISSUE

A new base year, 2015-16, 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 2015-16, 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.


DATA NOTES

In this release, revisions are provided for the time period from July 2016 to September 2017 and include revisions resulting from the Building Approvals Annual Review. Further information about the Annual Review and other potential sources of revisions can be found in the feature article released with the January 2016 8731.0 publication - "Revisions to Building Approval Statistics".

Small area data cubes will be made available 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 number of time series spreadsheets contain ‘np’ (not available for publication) annotations. This is due to confidential data being contained in these series.


REVISIONS THIS MONTH

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

Dwellings
2016-17
2017-18
TOTAL

NSW
283
-62
221
Vic.
-86
5
-81
Qld
87
6
93
SA
2
19
21
WA
14
2
16
Tas.
-4
-
-4
NT
-1
-
-1
ACT
97
-
97
Total
392
-30
362




INQUIRIES

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