QTPA Member Alert |MIXED DATA FOR NATIONAL BUILDING INDUSTRY

MIXED DATA FOR NATIONAL BUILDING INDUSTRY

ABS SEPTEMBER 2014 KEY POINTS

 TOTAL DWELLING UNITS

• The trend estimate for total dwellings approved was flat in September and has been essentially unchanged for two months.

• The seasonally adjusted estimate for total dwellings approved fell 11.0% in September after rising for two months.

PRIVATE SECTOR HOUSES

• The trend estimate for private sector houses approved fell 0.2% in September and has fallen for six months.

• The seasonally adjusted estimate for private sector houses fell 2.3% in September and has fallen for two months.

PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES

• The trend estimate for private sector dwellings excluding houses rose 0.4% in September and has risen for four months.

• The seasonally adjusted estimate for private sector dwellings excluding houses fell 21.9% in September after rising for two months.

VALUE OF BUILDING APPROVED

• The trend estimate of the value of total building approved rose 0.1% in September following a fall of 0.2% in the previous month. The value of residential building fell 0.6% and has fallen for two months. The value of non-residential building rose 1.4% and has risen for two months.

• The seasonally adjusted estimate of the value of total building approved fell 9.5% in September following a rise of 1.9% in the previous month. The value of residential building fell 16.1% following a rise of 5.5% in the previous month. The value of non-residential building rose 5.3% after falling for two months.