Building Approvals

  • August 2020

    September 30, 2020

    The number of dwelling approvals fell by a seasonally adjusted 1.6% in August, slightly less than the 2.0% expected by market participants.

    In Western Australia, building approvals surged by 33.8%, propped up by the homebuilding subsidies.

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  • July 2020

    September 1, 2020

    The number of dwelling approvals rebounded a stronger than expected 12% in July (seasonally-adjusted) following a 4.2% drop in June.

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  • June 2020

    July 30, 2020

    The adverse impact of the pandemic on the residential real estate construction sector continued into June.

    The number of dwelling approvals fell by a seasonally-adjusted 4.9%, reaching its lowest level in eight years.

    The June fall in approvals was broad-based across the dwelling categories.

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  • May 2020

    July 1, 2020

    The number of dwelling approvals dropped by seasonally-adjusted 16.4% in May 2020.

    The plunge was led by a 34.9% drop in approvals for private dwellings other than houses. The 4.4% fall in private sector house approvals was also reasonably sharp by historical standards.

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  • April 2020

    June 3, 2019

    The number of dwelling approvals fell a seasonally adjusted 1.8% in April, following a 2.6% drop in March (revised from -4.0%).

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  • March 2020

    May 4, 2020

    Dwelling approvals fell less than expected in March.

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