OCTOBER KEY FIGURES

		Oct 18	Sep 18 to Oct 18	Oct 17 to Oct 18
		no.	%	%
TREND
	Total dwelling units approved	16 983	-1.1	-13.9
	Private sector houses	9 545	-0.5	-5.5
	Private sector dwellings excluding houses	7 221	-1.8	-23.2
SEASONALLY ADJUSTED
	Total dwelling units approved	17 070	-1.5	-13.4
	Private sector houses	9 712	2.7	-4.1
	Private sector dwellings excluding houses	7 199	-4.8	-22.2

Dwelling units approved

Private sector houses approved

OCTOBER KEY POINTS


TOTAL DWELLING UNITS

• The trend estimate for total dwellings approved fell 1.1% in October.
• The seasonally adjusted estimate for total dwellings approved fell 1.5% in October.

PRIVATE SECTOR HOUSES

• The trend estimate for private sector houses approved fell 0.5% in October.
• The seasonally adjusted estimate for private sector houses rose 2.7% in October.

PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES

• The trend estimate for private sector dwellings excluding houses fell 1.8% in October.
• The seasonally adjusted estimate for private sector dwellings excluding houses fell 4.8% in October.

VALUE OF BUILDING APPROVED

• The trend estimate of the value of total building approved fell 1.5% in October and has fallen for 12 months. The value of residential building fell 1.4% and has fallen for ten months. The value of non-residential building fell 1.8% and has fallen for 15 months.
• The seasonally adjusted estimate of the value of total building approved rose 2.8% in October. The value of residential building rose 2.1%, while the value of non-residential building rose 4.0%.

NOTES

FORTHCOMING ISSUES

ISSUE	Release Date
October 2018 - Additional	10 December 2018
November 2018	9 January 2019
November 2018 - Additional	16 January 2019
December 2018	4 February 2019
December 2018 - Additional	11 February 2019
January 2019	4 March 2019

CHANGES THIS ISSUE

A new base year, 2016-17, has been introduced into the chain volume estimates which has resulted in revisions to growth rates in subsequent periods. In addition, the chain volume estimates have been re-referenced to 2016-17, thereby preserving additivity in the quarters after the reference year. Re-referencing affects the levels of, but not the movements in, chain volume estimates. For further information, see the explanatory notes.


DATA NOTES

In this release, revisions are provided for the time period from July 2017 to September 2018 and include revisions resulting from the Building Approvals Annual Review. 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 made available in an “Additional Information” release five business days after the main publication. The data cubes will be for Statistical Area Level 2 and Local Government Areas. Release dates are published under the “Forthcoming Issues” section of the publication and in ABS Release Advice.

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	2017-18	2018-19
NSW	469	-17
Vic.	-2	150
Qld	5	30
SA	-3	5
WA	2	6
Tas.	-	1
NT	-	-
ACT	-	-
Total	471	178

INQUIRIES

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