8731.0 - Building Approvals, Australia, March 2012 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 07/05/2012   
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MARCH KEY FIGURES

Mar 12
Feb 12 to Mar 12
Mar 11 to Mar 12
no.
% change
% change
TREND
Total dwelling units approved
11 298
0.3
-14.1
Private sector houses
7 434
-
-7.1
Private sector dwellings excluding houses
3 692
0.8
-23.3
SEASONALLY ADJUSTED
Total dwelling units approved
11 501
7.4
-15.0
Private sector houses
7 518
3.9
-6.9
Private sector dwellings excluding houses
3 815
15.5
-23.6
- nil or rounded to zero (including null cells)

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 dwellings approved rose 0.3% in March after falling for 15 months.
  • The seasonally adjusted estimate for total dwellings approved rose 7.4% in March following a fall of 8.8% in the previous month.


PRIVATE SECTOR HOUSES
  • The trend estimate for private sector houses approved was flat in March.
  • The seasonally adjusted estimate for private sector houses rose 3.9% in March following a fall of 4.0% in the previous month.


PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES
  • The trend estimate for private sector dwellings excluding houses rose 0.8% in March after falling for 14 months.
  • The seasonally adjusted estimate for private sector dwellings excluding houses rose 15.5% in March following a fall of 17.3% in the previous month.


VALUE OF BUILDING APPROVED
  • The trend estimate of the value of total building approved fell 0.1% in March and has fallen for 15 months. The value of residential building rose 0.9% after falling for 16 months. The value of non-residential building fell 1.6% and has fallen for 8 months.
  • The seasonally adjusted estimate of the value of total building approved fell 8.9% in March and has fallen for 2 months. The value of residential building rose 1.3% while the value of non-residential building fell 23.4%.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
March 2012 (Additional Information)11 May 2012
April 201231 May 2012
April 2012 (Additional Information)7 June 2012
May 2012 3 July 2012
May 2012 (Additional Information)10 July 2012
June 201231 July 2012
June 2012 (Additional Information)7 August 2012
July 201230 August 2012
July 2012 (Additional Information)7 September 2012



CHANGES IN THIS ISSUE

There are no changes in this issue.


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 their short term nature. From April 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 19 to 21 of the explanatory notes.


REVISIONS THIS MONTH

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

2010-11
2011-12
TOTAL
NSW
-
13
13
Vic.
-
1
1
Qld
36
24
60
SA
-
-1
-1
WA
-1
14
13
Tas.
-
-
-
NT
-
-
-
ACT
-
32
32
Total
35
83
118



INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070.