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Australia April Total Dwelling Approved -8.1%

MNI (Singapore)
  • Australia seasonally adjusted estimate total dwellings approved fell 8.1% in April, following a 1.0% decrease in March.
  • The seasonally adjusted estimate for private sector house approvals fell 3.8% in April, to 7,939, following a 3.7% decrease in March.
  • Private sector dwellings excluding houses approved fell 16.5% in April, following a 5.0% rise in March.
  • The seasonally adjusted estimate for the value of total building approved rose 4.7%, following a 5.7% decrease in March.
  • The value of total residential building approvals fell 2.5%, comprised of a 2.7% decrease in new residential building and a 1.2% fall in alterations and additions.

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