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JUNE KEY FIGURES

VALUE OF WORK DONE, CHAIN VOLUME MEASURES

	Jun qtr 18	Mar qtr 18 to Jun qtr 18	Jun qtr 17 to Jun qtr 18
	$m	% change	% change
TREND ESTIMATES(a)
Value of work done	29 428.5	1.2	4.9
New residential building	16 899.8	2.1	4.8
Alterations and additions to residential building	2 132.9	1.5	0.6
Non-residential building	10 390.0	-0.3	5.8
SEASONALLY ADJUSTED ESTIMATES(a)
Value of work done	29 280.2	-0.2	4.4
New residential building	16 943.6	1.6	5.2
Alterations and additions to residential building	2 087.4	-4.1	-5.3
Non-residential building	10 249.1	-2.2	5.4
(a) Reference year for chain volume measures is 2015-16

Value of work done, Chain volume measures

Value of work done, Chain volume measures - Trend estimates

• The trend estimate of the value of total building work done rose 1.2% in the June 2018 quarter.
• The seasonally adjusted estimate of the value of total building work done fell 0.2% to $29,280.2m in the June quarter, following a rise of 2.9% in the March 2018 quarter.

• The trend estimate of the value of new residential building work done rose 2.1% in the June quarter. The value of work done on new houses rose 3.1%, while new other residential building rose 1.1%.
• The seasonally adjusted estimate of the value of new residential building work done rose 1.6% to $16,943.6m. Work done on new houses rose 3.1% to $9,064.7m, while new other residential building fell 0.1% to $7,878.9m.

• The trend estimate of the value of non-residential building work done fell 0.3% in the June quarter.
• The seasonally adjusted estimate of the value of non-residential building work done in the quarter fell 2.2%, following a rise of 0.1% in the March quarter.

	Jun qtr 18	Mar qtr 17 to Jun qtr 18	Jun qtr 17 to Jun qtr 18
	no.	% change	% change
TREND ESTIMATES
Total dwelling units commenced	58 846	1.6	9.6
New private sector houses	30 620	1.2	9.6
New private sector other residential building	27 353	2.8	11.6
SEASONALLY ADJUSTED ESTIMATES
Total dwelling units commenced	57 273	-5.9	4.5
New private sector houses	29 929	-3.7	3.8
New private sector other residential building	26 702	-6.6	7.5

Dwelling units commenced

Private dwellings commenced, Trend estimates

• The trend estimate for the total number of dwelling units commenced rose 1.6% in the June quarter following a rise of 2.0% in the March quarter.
• The seasonally adjusted estimate for the total number of dwelling units commenced fell 5.9% to 57,273 dwellings in the June quarter following a rise of 11.8% in the March quarter.

• The trend estimate for new private sector house commencements rose 1.2% in the June quarter following a rise of 1.6% in the March quarter.
• The seasonally adjusted estimate for new private sector house commencements fell 3.7% to 29,929 dwellings in the June quarter following a rise of 5.3% in the March quarter.

• The trend estimate for new private sector other residential building commencements rose 2.8% in the June quarter following a rise of 3.1% in the March quarter.
• The seasonally adjusted estimate for new private sector other residential building fell 6.6% to 26,702 dwellings in the June quarter following a rise of 21.0% in the March quarter.

• Average dwelling commencement times
• Average dwelling completion times
• Abandonment rates for new dwellings

• the total value of work done in Australia during the March quarter 2018 has been revised upwards by $729.4m or 2.6%.
• the total value of work commenced in Australia during the March quarter 2018 has been revised upwards by $2,377.5m or 8.0%. This was driven by a 8.4% ($884.4m) revision to non-residential commencements and a 7.8% ($1,493.1m) revision to residential commencements.
• the number of dwelling unit commencements in the March quarter 2018 has been revised upwards by 4,836 dwellings or 9.1%.