Building Approvals: May 2014

MAY KEY FIGURES


May 14
Apr 14 to May 14
May 13 to May 14
no.
% change
% change

TREND
Total dwelling units approved
15 680
-1.7
11.5
Private sector houses
9 341
-0.2
16.4
Private sector dwellings excluding houses
6 122
-3.9
8.0
SEASONALLY ADJUSTED
Total dwelling units approved
16 425
9.9
14.3
Private sector houses
9 278
0.5
14.5
Private sector dwellings excluding houses
6 950
27.2
19.9



Dwelling units approved
Graph: Dwelling units approved

Private sector houses approved
Graph: Private sector houses




MAY KEY POINTS


TOTAL DWELLING UNITS

  • The trend estimate for total dwellings approved fell 1.7% in May and has fallen for five months.
  • The seasonally adjusted estimate for total dwellings approved rose 9.9% in May after falling for three months.



PRIVATE SECTOR HOUSES

  • The trend estimate for private sector houses approved fell 0.2% in May after rising for 16 months.
  • The seasonally adjusted estimate for private sector houses rose 0.5% in May after falling for three months.



PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES

  • The trend estimate for private sector dwellings excluding houses fell 3.9% in May and has fallen for six months.
  • The seasonally adjusted estimate for private sector dwellings excluding houses rose 27.2% in May after falling for three months.



VALUE OF BUILDING APPROVED

  • The trend estimate of the value of total building approved fell 3.3% in May and has fallen for six months. The value of residential building fell 1.1% and has fallen for five months. The value of non-residential building fell 7.6% and has fallen for six months.
  • The seasonally adjusted estimate of the value of total building approved rose 26.1% in May after falling for four months. The value of residential building rose 13.5% after falling for three months. The value of non-residential building rose 59.5% after falling for four months.