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Building Approvals, Australia, May 2023
The May 2023 seasonally adjusted estimate: • Total dwellings approved rose 20.6%. • Private sector houses rose 0.9%, while private sector dwellings excluding houses rose 59.4%. • The value of non-residential buildings rose 6.6%, while value of new residential building rose 17.1%. • The value of total building rose 11.1%. Dwellings approved: table chart The seasonally adjusted estimate for the number of dwellings approved in Australia rose 20.6% in May, following a 6.8% decrease in April. The trend estimate for total dwellings approved rose 0.8% in May, which follows a 0.1% fall in April. chart The ... (full story)