8731.0 - Building Approvals, Australia, Mar 2015 Quality Declaration
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 04/05/2015
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Continued strength in dwelling approvals for March 2015
Australian Bureau of Statistics (ABS) Building Approvals show that the number of dwellings approved rose 1.8 per cent in March 2015, in trend terms, and has risen for ten months. This continued strength was driven by increases in new flats, units or apartments in residential buildings.
The value of total building approved rose 0.9 per cent in March, in trend terms, and has risen for nine months. The value of residential building rose 2.5 per cent while non-residential building fell 2.8 per cent in trend terms.
The number of dwelling approvals increased in March in New South Wales (4.4 per cent), Tasmania (3.3 per cent), Queensland (3.0 per cent) and Victoria (1.2 per cent) but decreased in Northern Territory (14.6 per cent), Australian Capital Territory (3.8 per cent), Western Australia (1.9 per cent) and South Australia (1.7 per cent) in trend terms.
In trend terms, approvals for private sector houses rose 0.2 per cent in March. Private sector houses rose in New South Wales (1.8 per cent) and Victoria (1.1 per cent) but fell in South Australia (1.3 per cent), Western Australia (1.3 per cent) and Queensland (0.9 per cent).
Further information is available in Building Approvals, Australia (cat no. 8731.0) on the ABS website at http://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.
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