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Australia July Total Dwelling Approved -8.1%

MNI (Singapore)

The July 2023 seasonally adjusted estimate:

  • Total dwellings approved decreased 8.1%, following a 7.9% decrease in June.
  • Private sector houses rose 0.1%, to 8,084, following a 1.0% fall in June while private sector dwellings excluding houses fell 15.8%, following a 21.9% decrease in June.
  • The value of total building fell 16.9%, following a 7.2% rise in June.
  • The value of non-residential building fell 27.8%, following a 28.6% rise in June, while the value of new residential building fell 5.1%.

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