Mar qtr 22 no. | Dec qtr 21 to Mar qtr 22 % change | Mar qtr 21 to Mar qtr 22 % change | |
---|---|---|---|
Seasonally adjusted | |||
Total dwelling units commenced | 49,017 | -6.5 | -6.7 |
New private sector houses | 29,672 | -11.6 | -16.9 |
New private sector other residential building | 17,538 | -1.1 | 12.9 |
The total number of dwelling units commenced in Australia fell 6.5% to 49,017 dwellings in the March quarter, in seasonally adjusted terms. The fall was driven by private sector houses, which fell 11.6% to 29,672 dwellings and follows a fall of 6.2% in the December quarter. Private sector other residential dwelling commencements fell 1.1% to 17,538 dwellings, following a fall of 16.2% in the December quarter.
The total number of dwellings under construction reached a record high of 240,065 in March, an additional 2.9% increase from the record high in December of 233,274 dwellings. This increase was driven by private sector new houses, which have increased to record highs since March 2021, with 101,240 new private houses under construction in March 2022.