Australian Bureau Of Statistics Reports September Building Approvals Rise
The number of total dwellings approved rose 2.7% in September 2009 following a fall last month, according to the ABS Building Approvals figures released today.
The number of private sector house approvals rose for the eighth consecutive month, with a gain of 0.3% nationally. Both Western Australia (3.2%) and Victoria (2.4%) showed good growth in private sector house approvals, with Queensland (-5.4%) showing the largest fall.
The value of total building approved fell 22.4% in September from last month’s high of $8.7 billion. Non-residential building fell 37.7% this month to $3.3 billion. The value of new residential building work rose 0.8% while the value of alteration and additions to residential property fell 1.0%.
Further information is available in Building Approvals, Australia (cat no. 8731.0)
Topics: Australia, Australian Bureau of Statistics, building approvals, economic development, Economy, Governance, private sector house approvals, residential buildings
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