8731.0 - Building Approvals, Australia, May 2011 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 04/07/2011   
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VALUE OF BUILDING APPROVED


NEW RESIDENTIAL BUILDING

The trend estimate for the value of new residential building approved fell 1.1% in May 2011 and has fallen for 14 months.

Graph: New residential building


ALTERATIONS AND ADDITIONS TO RESIDENTIAL BUILDING

The trend estimate for the value of alterations and additions to residential building rose 1.4% in May and is now showing rises for three months.

Graph: Alterations and additions to residential buildings


NON-RESIDENTIAL BUILDING

The trend estimate for the value of non-residential building approved fell 1.6% in May and has now fallen for six months.

The trend estimates for the value of non-residential building approved should be interpreted with caution. See the data notes on page 2 of this publication.

Graph: Non-residential building