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8731.0 - Building Approvals, Australia, Mar 2010 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 05/05/2010   
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MARCH KEY FIGURES

Mar 10
Feb 10 to Mar 10
Mar 09 to Mar 10
no.
% change
% change

TREND
Total dwelling units approved
15 514
1.5
48.1
Private sector houses
9 796
0.2
30.1
Private sector other dwellings
3 773
2.5
45.4
SEASONALLY ADJUSTED
Total dwelling units approved
16 383
15.3
51.6
Private sector houses
9 779
0.5
29.7
Private sector other dwellings
4 558
59.9
56.0


Dwelling units approved
Graph: Number of dwelling units approved

Private sector houses approved
Graph: Private sector houses approved




MARCH KEY POINTS


TOTAL DWELLING UNITS
  • The trend estimate for total dwelling units approved rose 1.5% in March 2010 and has risen for 14 months.
  • The seasonally adjusted estimate for total dwelling units approved rose 15.3% following falls in the previous two months.


PRIVATE SECTOR HOUSES
  • The trend estimate for private sector houses approved rose 0.2% in March and has risen for 15 months.
  • The seasonally adjusted estimate for private sector houses approved rose 0.5% following a fall last month.


PRIVATE SECTOR OTHER DWELLING UNITS
  • The trend estimate for private sector other dwellings approved rose 2.5% in March and is now showing increases for nine months.
  • The seasonally adjusted estimate for private sector other dwellings approved rose 59.9% following falls in the previous two months.


VALUE OF BUILDING APPROVED
  • The trend estimate for the value of total building approved rose 1.3% in March and has risen for 13 months. The trend estimates for the value of building approved should be interpreted with caution. See the data notes on page 2 of this publication.
  • The seasonally adjusted estimate for the value of total building approved rose 4.8% in March. The seasonally adjusted estimate for the value of new residential building increased 6.7% while the value of residential alterations and additions increased 12.0%. The seasonally adjusted estimate for the value of non-residential building increased 0.3%.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
April 2010 1 June 2010
May 2010 1 July 2010
June 2010 3 August 2010
July 2010 31 August 2010
August 2010 30 September 2010
September 2010 3 November 2010



CHANGES IN THIS ISSUE

There are no changes in this issue.


REVISIONS THIS MONTH

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

2008-09
2009-10
TOTAL

NSW
73
105
178
Vic.
27
218
245
Qld
-
-
-
SA
-
58
58
WA
-
38
38
Tas.
-
-1
-1
NT
-
4
4
ACT
-
43
43
Total
100
465
565




DATA NOTES

The trend estimates should be interpreted with caution as the underlying behaviour of building approvals may be affected by initiatives within the Government stimulus package, which included the "Building the Education Revolution" (BER) program and the Social Housing Initiative as well as other developments associated with global economic conditions. From June 2009 to February 2010 BER impacts were quantified and removed from the trend estimates because of its short term nature. From March 2010 these impacts are no longer removed from the trend estimates as their effect has significantly declined. For more details on trend estimates, please see paragraphs 20 to 23 of the explanatory notes.


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Paul Pamment on Adelaide (08) 8237 7648.


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