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MARCH KEY FIGURES

		Mar 07	Feb 07 to Mar 07	Mar 06 to Mar 07
		no.	% change	% change
TREND
	Total dwelling units approved	12 162	-1.0	-2.2
	Private sector houses	8 333	-0.8	-3.4
	Private sector other dwellings	3 444	-1.4	-2.7
SEASONALLY ADJUSTED
	Total dwelling units approved	11 752	-11.4	-9.6
	Private sector houses	8 422	0.1	-1.3
	Private sector other dwellings	3 053	-29.2	-27.0

Dwelling units approved, Total number

Private sector houses approved, Total number

MARCH KEY POINTS


TOTAL DWELLING UNITS

• The trend estimate for total dwelling approvals fell 1.0% in March 2007 following a revised decrease of 0.7% in February 2007.
• The seasonally adjusted estimate for total dwelling units approved fell 11.4% in March 2007, which follows a 9.0% increase in February 2007.

• The trend estimate for private sector house approvals fell 0.8% in March 2007.
• The seasonally adjusted estimate for private sector houses approved rose 0.1%, to 8,422, in March 2007.

• The trend estimate for private sector other dwellings approved fell 1.4% in March 2007.
• The seasonally adjusted estimate for private sector other dwellings approved fell 29.2% in March 2007 following a revised increase of 25.6% in February 2007.

• The trend estimate for the value of total building approved rose 0.1% in March 2007. The trend estimate for the value of new residential building remained unchanged and the trend estimate for the value of alterations and additions fell 0.6%. The trend estimate for the value of non-residential building approved rose 0.4% in March 2007.
• The seasonally adjusted estimate for the value of total building approved fell 3.7%, to $5,471.5m, in March 2007. The seasonally adjusted estimate for the value of new residential building approved fell 3.4%, to $2,805.6m. The seasonally adjusted estimate for the value of alterations and additions fell 2.0%, to $464.6m. The seasonally adjusted estimate for the value of non-residential building fell 4.5%, to $2,201.3m.

REVISIONS THIS MONTH

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

	2001-02	2002-03	2003-04	2004-05	2005-06	2006-07	Total
NSW	34	12	1 339	1 177	91	42	2 695
Vic.	-	-	-	3	1	26	30
Qld	-	-	204	254	107	365	930
SA	-	-	344	198	-	2	544
WA	-	-	107	123	-	11	241
Tas.	-	1	27	15	-	-	43
NT	-	-	-	-	-	-	-
ACT	-	-	-	-	-	-	-
Total	34	13	2 021	1 770	199	446	4 483

These revisions are a result of the ongoing audits, of building approvals data, conducted by municipalities and the ABS.

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.