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MARCH KEY FIGURES

	Mar qtr 14	Dec qtr 13 to Mar qtr 14	Mar qtr 13 to Mar qtr 14
	$m	% change	% change
TREND ESTIMATES(a)
Value of work done	21 613.4	1.5	4.7
New residential building	10 992.6	2.5	5.3
Alterations and additions to residential building	1 770.5	0.6	2.2
Non-residential building	8 845.2	0.3	4.4
SEASONALLY ADJUSTED ESTIMATES
Value of work done	21 822.5	3.7	6.4
New residential building	11 249.5	7.6	8.5
Alterations and additions to residential building	1 780.5	0.8	5.9
Non-residential building	8 792.4	-0.3	4.0
(a) Reference year for chain volume measures is 2011-12

Value of work done, Chain volume measures

Value of work done, Chain volume measures - Trend estimates

• The trend estimate of the value of total building work done rose 1.5% in the March quarter.
• The seasonally adjusted estimate of the value of total building work done rose 3.7% to $21,822.5m in the March quarter, following a fall of 0.4% in the December quarter.

• The trend estimate of the value of new residential building work done rose 2.5% in the March quarter. The value of work done on new houses rose 2.1%, while new other residential building rose 3.2%.
• The seasonally adjusted estimate of the value of new residential building work done rose 7.6% to $11,249.5m in the March quarter. Work done on new houses rose 5.3% to $6,700.6m, while new other residential building rose 11.1% to $4,549.0m.

• The trend estimate of the value of non-residential building work done rose 0.3% in the March quarter.
• The seasonally adjusted estimate of the value of non-residential building work done fell 0.3% in the March quarter, following a fall of 0.2% in the December quarter.

	Mar qtr 14	Dec qtr 13 to Mar qtr 14	Mar qtr 13 to Mar qtr 14
	no.	% change	% change
TREND ESTIMATES
Total dwelling units commenced	47 920	6.3	18.3
New private sector houses	26 415	5.2	15.4
New private sector other residential building	20 417	8.3	25.2
SEASONALLY ADJUSTED ESTIMATES
Total dwelling units commenced	48 964	8.7	22.2
New private sector houses	27 322	12.9	23.5
New private sector other residential building	20 577	4.4	26.3

Dwelling units commenced

Private dwellings commenced, Trend estimates

• The trend estimate for the total number of dwelling units commenced rose 6.3% in the March quarter, following a rise of 6.1% in the December quarter.
• The seasonally adjusted estimate for the total number of dwelling units commenced rose 8.7% to 48,964 dwellings in the March quarter, following a rise of 8.7% in the December quarter.

• The trend estimate for new private sector house commencements rose 5.2% in the March quarter, following a rise of 5.0% in the December quarter.
• The seasonally adjusted estimate for new private sector house commencements rose 12.9% to 27,322 dwellings in the March quarter, following a rise of 0.2% in the December quarter.

• The trend estimate for new private sector other residential building commencements rose 8.3% in the March quarter, following a rise of 8.6% in the December quarter.
• The seasonally adjusted estimate for new private sector other residential building rose 4.4% to 20,577 dwellings in the March quarter, following a rise of 23.1% in the December quarter.

• the total value of work done in Australia during December quarter 2013 has been revised downwards by $24.6m or 0.1%.
• the total value of work commenced in Australia during December quarter 2013 has been revised upwards by $730.1m or 3.4%. This was driven by upwards revisions to non-residential commencements ($560.8m) and residential commencements ($169.3m).
• the number of dwelling unit commencements in the December quarter 2013 has remained practically unchanged (revised upwards by 2 dwellings).

• Construction Work Done, Australia, Preliminary (cat. no. 8755.0) - changes implemented from March 2014 (released on 28 May 2014) onwards.
• Building Activity, Australia (cat. no. 8752.0) - changes implemented from March 2014 (released on 16 July 2014) onwards.