8731.0 - Building Approvals, Australia, Oct 2007  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 04/12/2007   
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VALUE OF BUILDING APPROVED


NEW RESIDENTIAL BUILDING

The trend estimate for the value of new residential building approved rose 1.9% in October 2007 and has risen for 23 months.

Graph: New residential building



ALTERATIONS AND ADDITIONS TO RESIDENTIAL BUILDING

The trend estimate for the value of alterations and additions rose 1.9% and is showing rises for the last seven months.

Graph: Alterations and additions to residential buildings



NON-RESIDENTIAL BUILDING

The trend estimate for the value of non-residential building rose 1.3% and has risen for the last five months.

Graph: Non-residential building