The number of dwellings approvals in Australia rose unexpectedly by 19.1 percent month-over-month in February 2019, easily beating market estimates of a 1.0 percent fall and following a downwardly revised 2.3 percent gain in the previous month. It was the biggest increase in building permits since September 2013, mainly driven by a jump in approvals for private sector dwellings excluding houses (64.6 percent to 7,998 units). In contrast, permits for private sector houses fell by 3.6 percent to 8,970 units. Among the states and territories, total dwelling approvals grew the most in Victoria (37.3 percent), followed by New South Wales (25.2 percent), South Australia (6.8 percent), and Queensland (3.3 percent), while declined in Western Australia (-10.8 percent). Through the year to February, total dwelling units approved dropped 12.5 percent. Building Permits in Australia averaged 0.35 percent from 1983 until 2019, reaching an all time high of 31.80 percent in May of 2012 and a record low of -21.90 percent in December of 2017.

Australia Dwelling Approvals
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2019-01-09 12:30 AM Building Permits MoM -9.1% -1.5% -0.5% 0.8%
2019-02-04 12:30 AM Building Permits MoM -8.4% -9.8% 1.8% 3.2%
2019-03-04 12:30 AM Building Permits MoM 2.5% -8.1% 0% -2%
2019-04-02 12:30 AM Building Permits MoM 19.1% 2.3% -1% -3.5%
2019-05-03 01:30 AM Building Permits MoM 19.1% -1% -1%
2019-05-30 01:30 AM Building Permits MoM
2019-07-03 01:30 AM Building Permits MoM


Australia Housing Last Previous Highest Lowest Unit
Building Permits 19.10 2.30 31.80 -21.90 percent [+]
New Home Sales 4583.00 4538.00 20768.00 4538.00 Units [+]
Housing Index -2.40 -1.50 6.10 -2.40 percent [+]
Home Ownership Rate 65.00 67.00 71.40 65.00 percent [+]
Construction Output -3.10 -3.60 17.60 -18.90 percent [+]
Construction Pmi 45.60 43.80 60.50 29.24 Index Points [+]


Australia Dwelling Approvals

In Australia, Building Permits show the monthly change in the number of total dwelling units approved, including building activity carried out on existing buildings. This page provides the latest reported value for - Australia Building Permits - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Dwelling Approvals - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
19.10 2.30 31.80 -21.90 1983 - 2019 percent Monthly
Volume, SA




Country Last Previous
Australia 19.10 Feb/19
Canada 7829124.00 Feb/19
France 30900.00 Feb/19
Germany 23983.00 Jan/19
Netherlands 3846.00 Jan/19
Turkey 74867.00 Dec/18
United States 1269.00 Mar/19


Related

Latest