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Australia May Total Dwelling Approved +5.5%

AUSTRALIA DATA
MNI (Singapore)

The May 2024 seasonally adjusted estimate:

  • Total dwellings approved rose 5.5%, to 14,175, after rising 1.9% in April.
  • Private sector houses rose 2.1%, to 9,163, while private sector dwellings excluding houses rose 16.3%, to 4,858.
  • The value of total residential building rose 2.3%, to $7.64b.
  • The value of non-residential building fell 1.6%, to $5.41b.
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The May 2024 seasonally adjusted estimate:

  • Total dwellings approved rose 5.5%, to 14,175, after rising 1.9% in April.
  • Private sector houses rose 2.1%, to 9,163, while private sector dwellings excluding houses rose 16.3%, to 4,858.
  • The value of total residential building rose 2.3%, to $7.64b.
  • The value of non-residential building fell 1.6%, to $5.41b.