building approvals

The number of dwellings approved in December rose 2.1% over the month, but fell 5.9 per cent over the year, new data from the Australian Bureau of Statistics has shown.

According to the Australian Bureau of Statistics’ (ABS) latest Dwelling Approvals data, the number of building approvals nationwide jumped to 14,423 in December, up 2.1% from the previous month, but fell 0.2% in seasonally adjusted terms.

Notably, approvals for private sector dwellings excluding houses (seasonally adjusted) took a 19.4% dive from the figure recorded in December 2018.

According to the ABS, the value of residential buildings climbed 1.1%, while the value of non-residential buildings fell 2.7%.

Bushfires in December

The latest issue from the ABS indicated bushfires resulted in minor disruption to data collection activities during December 2019 in New South Wales, Victoria and the Australian Capital Territory.

“Quality assurance undertaken by the ABS confirmed that these disruptions did not result in any impacts to Building Approval statistics,” the summary read.

“Whilst it is expected that bushfire rebuilding and recovery activity will have some impact on future Building Approvals estimates this activity is not yet present in the December estimates.”

December key points

Total dwelling units

  • The trend estimate for total dwellings approved rose 2.1% in December.
  • The seasonally adjusted estimate for total dwellings approved fell 0.2% in December.

Private sector houses

  • The trend estimate for private sector houses approved rose 0.3% in December.
  • The seasonally adjusted estimate for private sector houses fell 0.1% in December.

Private sector dwellings excluding houses

  • The trend estimate for private sector dwellings excluding houses rose 4.9% in December.
  • The seasonally adjusted estimate for private sector dwellings excluding houses fell 0.1% in December.

Value of building approved

  • The trend estimate of the value of total building approved fell 0.6% in December and has fallen for six months. The value of residential building rose 1.1% and has risen for four months. The value of non-residential building fell 2.7% and has fallen for five months.
  • The seasonally adjusted estimate of the value of total building approved rose 13.4% in December. The value of residential building rose 2.6%, while the value of non-residential building rose 30.9%.

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