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Australia Aug Dwelling Approved -6.1%

AUSTRALIA DATA
MNI (Singapore)

The August 2024 seasonally adjusted estimate:

  • Total dwellings approved fell 6.1%, to 13,991, after rising 11.0% in July.
  • Private sector houses rose 0.5%, to 9,338, while private sector dwellings excluding houses fell 16.5%, to 4,418.
  • The value of total residential building fell 6.7%, to $7.96b.
  • The value of non-residential building rose 11.5%, to $5.30b.
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The August 2024 seasonally adjusted estimate:

  • Total dwellings approved fell 6.1%, to 13,991, after rising 11.0% in July.
  • Private sector houses rose 0.5%, to 9,338, while private sector dwellings excluding houses fell 16.5%, to 4,418.
  • The value of total residential building fell 6.7%, to $7.96b.
  • The value of non-residential building rose 11.5%, to $5.30b.