In November 2011, the number of dwelling unit approvals in the NT fell by 14.0% in trend terms to 79. This is the fourth consecutive month of decline from a peak of 114 approvals in July 2011.
The number of dwelling units approved in November 2011 (79) was 3.9% higher in trend terms than in November 2010 (76). The NT was the only state or territory to record an increase in the number of building approvals in trend terms, over this period.
Footnote(s): (a) Seasonally adjusted data not available
Building approvals statistics include the number and value of new building work approved by administrative bodies in the collection period. They relate to the construction of new residential buildings, renovations and additions valued at $10,000 or more and the construction of non-residential buildings valued at $50,000 or more. Approvals of engineering works for roads, bridges or railways are not included in these statistics.
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