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Building Approvals, Australia, February 2024
Key statistics: The February 2024 seasonally adjusted estimate: • Total dwellings approved fell 1.9%, to 12,520. • Private sector dwellings exluding houses fell 24.9%, to 3,771, while private sector houses rose 10.7%, to 8,404. • The value of new residential building fell 19.1%, to $5.79b. • The value of non-residential building fell 16.0%, to $4.09b. Table chart The seasonally adjusted estimate for the number of dwellings approved fell 1.9%, after a 2.5% January fall. The trend estimate for total dwellings approved fell 3.0%, following a 2.7% January decrease. chart The seasonally adjusted estimate for ... (full story)