Building Approvals : January 2014

JANUARY KEY FIGURES


Jan 14
Dec 13 to Jan 14
Jan 13 to Jan 14
no.
% change
% change

TREND
Total dwelling units approved
17 104
1.3
28.4
Private sector houses
9 121
2.0
21.0
Private sector dwellings excluding houses
7 770
0.6
41.2
SEASONALLY ADJUSTED
Total dwelling units approved
17 514
6.8
34.6
Private sector houses
9 472
8.3
26.4
Private sector dwellings excluding houses
7 812
4.6
46.3



Dwelling units approved
Graph: Dwelling units approved

Private sector houses approved
Graph: Private sector houses




JANUARY KEY POINTS


TOTAL DWELLING UNITS

  • The trend estimate for total dwellings approved rose 1.3% in January and has risen for 15 months.
  • The seasonally adjusted estimate for total dwellings approved rose 6.8% in January after falling for three months.



PRIVATE SECTOR HOUSES

  • The trend estimate for private sector houses approved rose 2.0% in January and has risen for 13 months.
  • The seasonally adjusted estimate for private sector houses rose 8.3% in January following a fall of 1.9% in the previous month.



PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES

  • The trend estimate for private sector dwellings excluding houses rose 0.6% in January and has risen for ten months.
  • The seasonally adjusted estimate for private sector dwellings excluding houses rose 4.6% in January and has risen for two months.



VALUE OF BUILDING APPROVED

  • The trend estimate of the value of total building approved rose 1.4% in January and has risen for 24 months. The value of residential building rose 1.1% and has risen for 11 months. The value of non-residential building rose 1.7% and has risen for six months.
  • The seasonally adjusted estimate of the value of total building approved fell 3.8% in January following a rise of 5.5% in the previous month. The value of residential building fell 1.4% following a rise of 3.1% in the previous month. The value of non-residential building fell 7.2% following a rise of 9.0% in the previous month.