Australia's seasonally adjusted dwelling approvals rose 7.2% month-over-month to a four-month high of 18,328 units in June 2026, defying market expectations of a 1% decline after a revised 1.6% fall in May, according to preliminary estimates. The increase was driven by a 17.8% rebound in approvals for private sector dwellings excluding houses to 7,138 units, while approvals for private sector houses edged up 0.4% to 10,631. Compared with a year earlier, total dwelling approvals increased 8.9%, with approvals for private sector houses rising 15.8%, while approvals for private sector dwellings excluding houses slipped 1.5%. In trend terms, total dwelling approvals rose 2.0% to 18,449 units. Across the states, total dwelling approvals surged in Queensland (33.4%), New South Wales (13.2%), and Western Australia (10.7%), but declined in Tasmania (-22.5%), Victoria (-13.9%), and South Australia (-11.5%). source: Australian Bureau of Statistics
Building Permits MoM in Australia increased to 7.20 percent in June from -1.60 percent in May of 2026. Building Permits MoM in Australia averaged 0.45 percent from 1983 until 2026, reaching an all time high of 44.20 percent in February of 2026 and a record low of -27.20 percent in January of 2023. This page includes a chart with historical data for Australia Dwelling Approvals MoM. Australia Building Permits MoM - data, historical chart, forecasts and calendar of releases - was last updated on August of 2026.
Building Permits MoM in Australia increased to 7.20 percent in June from -1.60 percent in May of 2026. Building Permits MoM in Australia is expected to be 0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Building Permits MoM is projected to trend around 0.60 percent in 2027 and 0.50 percent in 2028, according to our econometric models.