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MARCH KEY FIGURES

Value of Work Done, Chain Volume Measures, Australia
	Mar qtr 16	Dec qtr 15 to Mar qtr 16	Mar qtr 15 to Mar qtr 16
	$m	%	%
TREND ESTIMATES(a)
Value of work done	25 341.2	1.1	4.4
New residential building	14 755.6	2.8	10.3
Alterations and additions to residential building	1 938.6	-1.0	-0.5
Non-residential building	8 654.5	-1.2	-3.2
SEASONALLY ADJUSTED ESTIMATES(a)
Value of work done	25 187.5	-0.7	1.7
New residential building	14 735.1	2.0	7.1
Alterations and additions to residential building	1 940.2	-0.7	-1.2
Non-residential building	8 512.2	-4.9	-5.9
(a) Reference year for chain volume measures is 2013-14

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 1.1% in the March 2016 quarter.
• The seasonally adjusted estimate of the value of total building work done fell 0.7% to $25,187.5m in the March quarter, following a rise of 2.9% in the December 2015 quarter.

• The trend estimate of the value of new residential building work done rose 2.8% in the March quarter. The value of work done on new houses fell 0.7% while new other residential building rose 7.1%.
• The seasonally adjusted estimate of the value of new residential building work done rose 2.0% to $14,735.1m. Work done on new houses fell 1.5% to $7,784.5m, while new other residential building rose 6.1% to $6,950.6m.

• The trend estimate of the value of non-residential building work done fell 1.2% in the March quarter.
• The seasonally adjusted estimate of the value of non-residential building work done in the quarter fell 4.9%, following a rise of 2.5% in the December 2015 quarter.

	Mar qtr 16	Dec qtr 15 to Mar qtr 16	Mar qtr 15 to Mar qtr 16
	no.	% change	% change
TREND ESTIMATES
Total dwelling units commenced	58 667	1.8	6.1
New private sector houses	27 508	-1.4	-5.2
New private sector other residential building	29 866	5.5	20.8
SEASONALLY ADJUSTED ESTIMATES
Total dwelling units commenced	59 684	5.7	6.9
New private sector houses	27 586	0.3	-5.1
New private sector other residential building	30 676	10.6	21.3

Dwelling units commenced

Private dwellings commenced, Trend estimates

• The trend estimate for the total number of dwelling units commenced rose 1.8% in the March 2016 quarter following a rise of 1.2% in the December quarter.
• The seasonally adjusted estimate for the total number of dwelling units commenced rose 5.7% to 59,684 dwellings in the March quarter following a fall of 1.3% in the December quarter.

• The trend estimate for new private sector house commencements fell 1.4% in the March quarter following a fall of 1.5% in the December quarter.
• The seasonally adjusted estimate for new private sector house commencements rose 0.3% to 27,586 dwellings in the March quarter following a fall of 4.6% in the December quarter.

• The trend estimate for new private sector other residential building commencements rose 5.5% in the March quarter following a rise of 4.9% in the December quarter.
• The seasonally adjusted estimate for new private sector other residential building rose 10.6% to 30,676 dwellings in the March quarter following a rise of 3.3% in the December quarter.

• the total value of work done in Australia during the December quarter 2015 has been revised upwards by $958.9m or 3.6%.
• the total value of work commenced in Australia during the December quarter 2015 has been revised upwards by $1,588.7m or 6.4%. This was driven by a 5.9% ($1,044.4m) revision to total residential commencements and a 7.6% ($544.2m) revision to non-residential commencements.
• the number of dwelling unit commencements in the December quarter 2015 has been revised upwards by 2,277 dwellings or 4.1%.