OCTOBER KEY FIGURES

		Oct 16	Sep 16 to Oct 16	Oct 15 to Oct 16
		no.	% change	% change
TREND
	Total dwelling units approved	18 064	-3.3	-7.2
	Private sector houses	9 302	-0.6	-4.9
	Private sector dwellings excluding houses	8 451	-6.4	-11.0
SEASONALLY ADJUSTED
	Total dwelling units approved	16 279	-12.6	-24.9
	Private sector houses	9 203	-3.4	-5.7
	Private sector dwellings excluding houses	6 712	-24.8	-42.6

Dwelling units approved

Private sector houses approved

OCTOBER KEY POINTS


TOTAL DWELLING UNITS

• The trend estimate for total dwellings approved fell 3.3% in October and has fallen for five months.
• The seasonally adjusted estimate for total dwellings approved fell 12.6% in October and has fallen for three months.

PRIVATE SECTOR HOUSES

• The trend estimate for private sector houses approved fell 0.6% in October and has fallen for eight months.
• The seasonally adjusted estimate for private sector houses fell 3.4% in October following a rise of 1.5% in the previous month.

PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES

• The trend estimate for private sector dwellings excluding houses fell 6.4% in October and has fallen for five months.
• The seasonally adjusted estimate for private sector dwellings excluding houses fell 24.8% in October and has fallen for three months.

VALUE OF BUILDING APPROVED

• The trend estimate of the value of total building approved fell 1.7% in October and has fallen for three months. The value of residential building fell 3.2% and has fallen for five months. The value of non-residential building rose 0.8% and has risen for nine months.
• The seasonally adjusted estimate of the value of total building approved fell 30.3% in October following a rise of 27.1% in the previous month. The value of residential building fell 15.2% and has fallen for three months. The value of non-residential building fell 46.9% following a rise of 102.6% in the previous month.

NOTES

FORTHCOMING ISSUES

ISSUE	Release Date
October 2016 - Additional	7 December 2016
November 2016	9 January 2017
November 2016 - Additional	16 January 2017
December 2016	2 February 2017
December 2016 - Additional	9 February 2017
January 2017	2 March 2017

DATA NOTES

In this release, revisions are provided for the time period from July 2015 to September 2016 and include revisions resulting from the Building Approvals Annual Review. The Annual Review has been operating since July 2015, requesting historical data back to the most recent large scale review (June 2012). Further information about the Annual Review and other potential sources of revisions can be found in the feature article released with the January 2016 8731.0 publication - "Revisions to Building Approval Statistics".

Small area data cubes will be released in an “Additional Information” release five business days after the main publication. Release dates are published under the “Forthcoming Issues” section of the publication and in ABS Release Advice.

A new base year, 2014-15, has been introduced into the chain volume estimates which has resulted in revisions to growth rates in subsequent periods. The chain volume estimates have been re-referenced to 2014-15, thereby preserving additivity in the quarters after the reference year. Re-referencing affects the levels of, but not the movements in, chain volume estimates.

A number of time series spreadsheets contain ‘np’ (not available for publication) annotations. This is due to confidential data being contained in these series.


REVISIONS THIS MONTH

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

Dwellings	2015-16	2016-17	TOTAL
NSW	255	143	398
Vic.	-42	74	32
Qld	117	-24	93
SA	48	24	72
WA	2	13	15
Tas.	-	-	-
NT	-	-	-
ACT	-	-	-
Total	380	230	610

INQUIRIES

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