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Australia Jan Total Dwelling Approved -1.0%

AUSTRALIA DATA
MNI (Singapore)

The January 2024 seasonally adjusted estimate:

  • Total dwellings approved fell 1.0%, to 12,850, after a 10.1% December fall.
  • Private sector houses fell 9.9%, to 7,461, while private sector dwellings excluding houses rose 19.5%, to 5,238.
  • The value of new residential building rose 19.4%, to $7.14b.
  • The value of non-residential building rose 12.4%, to $4.92b.
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The January 2024 seasonally adjusted estimate:

  • Total dwellings approved fell 1.0%, to 12,850, after a 10.1% December fall.
  • Private sector houses fell 9.9%, to 7,461, while private sector dwellings excluding houses rose 19.5%, to 5,238.
  • The value of new residential building rose 19.4%, to $7.14b.
  • The value of non-residential building rose 12.4%, to $4.92b.