OCTOBER KEY FIGURES

		Oct 09	Sep 09 to Oct 09	Oct 08 to Oct 09
		no.	% change	% change
TREND
	Total dwelling units approved	12 867	2.3	18.5
	Private sector houses	9 446	2.1	27.3
	Private sector other dwellings	2 768	3.1	-12.1
SEASONALLY ADJUSTED
	Total dwelling units approved	12 814	-0.6	11.7
	Private sector houses	9 642	5.0	25.7
	Private sector other dwellings	2 512	-19.3	-28.9

Dwelling units approved

Private sector houses approved

OCTOBER KEY POINTS


TOTAL DWELLING UNITS

• The trend estimate for total dwelling units approved rose 2.3% in October 2009 and has risen for nine months.
• The seasonally adjusted estimate for total dwelling units approved fell 0.6% following a rise in the previous month.

PRIVATE SECTOR HOUSES

• The trend estimate for private sector houses approved rose 2.1% in October and has risen for ten months.
• The seasonally adjusted estimate for private sector houses approved rose 5.0% and has risen for ten months.

PRIVATE SECTOR OTHER DWELLING UNITS

• The trend estimate for private sector other dwellings approved rose 3.1% in October and has risen for four months.
• The seasonally adjusted estimate for private sector other dwellings approved fell 19.3% following a rise last month.

VALUE OF BUILDING APPROVED

• 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 fell 7.2% in October. The seasonally adjusted estimate for the value of new residential building approved fell 0.3% while the value of alterations and additions approved rose 0.3%. The seasonally adjusted estimate for the value of non-residential building fell 14.4%.

NOTES

FORTHCOMING ISSUES

ISSUE	Release Date
November 2009	6 January 2010
December 2009	4 February 2010
January 2010	2 March 2010
February 2010	31 March 2010
March 2010	5 May 2010
April 2010	1 June 2010

CHANGES IN THIS ISSUE

A new base year, 2007-08, has been introduced into the chain volume estimates which has resulted in minor revisions to growth rates in subsequent periods. In addition, the chain volume estimates have been re-referenced to 2007-08. Additivity is preserved in the quarters of the reference year and subsequent quarters. Re-referencing affects the level of, but not the movements in, chain volume estimates.


REVISIONS THIS MONTH

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

	2008-09	2009-10	TOTAL
NSW	-	146	146
Vic.	-	167	167
Qld	220	46	266
SA	-	-	-
WA	-14	22	8
Tas.	-	4	4
NT	-	-	-
ACT	-	-	-
Total	206	385	591

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. BER impacts have been quantified and removed from the trend estimates because of its short term nature. 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.