MARCH KEY FIGURES

		Mar 16	Feb 16 to Mar 16	Mar 15 to Mar 16
		no.	% change	% change
TREND
	Total dwelling units approved	18 754	0.6	-7.9
	Private sector houses	9 644	0.3	-2.2
	Private sector dwellings excluding houses	8 842	0.7	-13.2
SEASONALLY ADJUSTED
	Total dwelling units approved	19 371	3.7	-6.5
	Private sector houses	9 771	2.6	-0.2
	Private sector dwellings excluding houses	9 395	6.7	-11.5

Dwelling units approved

Private sector houses approved

MARCH KEY POINTS


TOTAL DWELLING UNITS

• The trend estimate for total dwellings approved rose 0.6% in March and has risen for four months.
• The seasonally adjusted estimate for total dwellings approved rose 3.7% in March and has risen for two months.

PRIVATE SECTOR HOUSES

• The trend estimate for private sector houses approved rose 0.3% in March and has risen for five months.
• The seasonally adjusted estimate for private sector houses rose 2.6% in March and has risen for two months.

PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES

• The trend estimate for private sector dwellings excluding houses rose 0.7% in March and has risen for three months.
• The seasonally adjusted estimate for private sector dwellings excluding houses rose 6.7% in March and has risen for two months.

VALUE OF BUILDING APPROVED

• The trend estimate of the value of total building approved fell 0.9% in March and has fallen for eight months. The value of residential building rose 0.4% and has risen for two months. The value of non-residential building fell 3.9% and has fallen for six months.
• The seasonally adjusted estimate of the value of total building approved fell 2.0% in March following a rise of 5.8% in the previous month. The value of residential building rose 2.0% and has risen for two months. The value of non-residential building fell 11.2% following a rise of 1.8% in the previous month.

NOTES

FORTHCOMING ISSUES

ISSUE	Release Date
March 2016 - Additional	10 May 2016
April 2016	31 May 2016
April 2016 - Additional	7 June 2016
May 2016	4 July 2016
May 2016 - Additional	11 July 2016
June 2016	2 August 2016

DATA NOTES

In this release, revisions are provided for the time period from July 2014 to February 2016 and include revisions resulting from the Building Approvals Annual Review. The Building Approvals Annual Review has been operating since July 2015, requesting historical data back to the most recent large scale review (June 2012). Further information about the Annual Review and other potential sources of revisions can be found in the feature article released with the January 2016 8731.0 publication - "Revisions to Building Approval Statistics".

Small area data cubes will be released in an “Additional Information” release five business days after the main publication. The data cubes will be for Statistical Area Level 2 and Local Government Areas. Release dates are published under the “Forthcoming Issues” section of the publication and in ABS Release Advice.

A number of time series spreadsheets contain ‘np’ (not available for publication) annotations. This is due to confidential data being contained in these series.


REVISIONS THIS MONTH

Revisions to the total number of dwelling units approved in this issue are:

	2014-15	2015-16	TOTAL
NSW	414	449	863
Vic.	-28	298	270
Qld	61	69	130
SA	30	24	54
WA	3	24	27
Tas.	5	-4	1
NT	-	-	-
ACT	-	-32	-32
Total	485	828	1 313

INQUIRIES

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