Building Approvals
-
November 2022
January 9, 2023 Dwelling approvals fell a seasonally adjusted 9.0% in November following a 5.6% drop in October to be down 15.1% YoY.
PDF Download PDF -
October 2022
November 30, 2022 Dwelling approvals fell a seasonally adjusted 6.0% in October.
PDF Download PDF -
September 2022
November 2, 2022 The number of dwelling approvals fell a seasonally adjusted 5.8% in September (exp.: -10.0%), following an 23.1% rise in August.
PDF Download PDF
Approvals continue to unwind from the boom driven by government homebuilder grants and record low interest rates. -
August 2022
October 4, 2022 The number of dwelling approvals bounced back a seasonally adjusted 28.1% in August (exp.: +10.0%), following an 18.2% drop in July.
PDF Download PDF -
July 2022
August 30, 2022 The number of dwelling approvals dropped a seasonally adjusted 17.2% in July, against a 2.1% decline expected by the markets.
The July drop was driven by consents for private sector dwellings excluding houses, which saw a 43.5% plunge and reached the lowest level since January 2012.
Private sector house approvals saw a slight 0.7% uptick, which was the second monthly gain in a row.
PDF Download PDF -
June 2022
August 2, 2022 The number of dwelling approvals slipped a seasonally adjusted 0.7% in June, following an 11.2% rise in May (revised from 9.9%). Market expectations were for a 5.0% fall.
PDF Download PDF