Building Approvals: February 2014



FEBRUARY KEY FIGURES
Feb 14
Jan 14 to Feb 14
Feb 13 to Feb 14
no.
% change
% change

TREND
Total dwelling units approved
17 073
0.7
27.6
Private sector houses
9 341
1.9
22.5
Private sector dwellings excluding houses
7 510
-0.7
37.9
SEASONALLY ADJUSTED
Total dwelling units approved
16 669
-5.0
23.2
Private sector houses
9 293
-2.1
21.8
Private sector dwellings excluding houses
7 146
-8.7
32.7



Dwelling units approved
Graph: Dwelling units approved

Private sector houses approved
Graph: Private sector houses




FEBRUARY KEY POINTS


TOTAL DWELLING UNITS

  • The trend estimate for total dwellings approved rose 0.7% in February and has risen for 26 months.
  • The seasonally adjusted estimate for total dwellings approved fell 5.0% in February following a rise of 6.9% in the previous month.



PRIVATE SECTOR HOUSES

  • The trend estimate for private sector houses approved rose 1.9% in February and has risen for 14 months.
  • The seasonally adjusted estimate for private sector houses fell 2.1% in February following a rise of 8.4% in the previous month.



PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES

  • The trend estimate for private sector dwellings excluding houses fell 0.7% in February and has fallen for two months.
  • The seasonally adjusted estimate for private sector dwellings excluding houses fell 8.7% in February after rising for two months.



VALUE OF BUILDING APPROVED

  • The trend estimate of the value of total building approved rose 0.2% in February and has risen for eight months. The value of residential building rose 0.2% and has risen for 12 months. The value of non-residential building rose 0.3% and has risen for seven months.
  • The seasonally adjusted estimate of the value of total building approved fell 0.3% in February and has fallen for two months. The value of residential building fell 0.2% and has fallen for two months. The value of non-residential building fell 0.5% and has fallen for two months.

Source: ABS