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Building Approvals, Australia, October 2023
Key statistics: The October 2023 seasonally adjusted estimate: • Total dwellings approved rose 7.5%, to 14,223. • Private sector houses rose 2.2%, to 8,505, while private sector dwellings excluding houses rose 19.5%, to 5,554. • The value of new residential building rose 8.9%, to $6.36b, while the value of non-residential building rose 6.2%, to $5.91b. Dwellings approved: tables The seasonally adjusted estimate for the number of dwellings approved rose 7.5%, after a 4.0% September decrease. The trend estimate for total dwellings approved rose 0.3%, following a 0.2% September increase. chart The seasonally ... (full story)