The seasonally adjusted number of total dwellings approved in Australia soared 29.7% month-on-month to a near five-year high of 19,022 units in February 2026, confirming preliminary data and swinging from a 7.2% drop in the previous month. It marked the first rise in permits since November, as approvals for private sector dwellings excluding houses rebounded strongly (101.2% vs -25.0% in January). Meanwhile, permits for private sector houses were subdued (0.2% vs 1.7%). By region, building permits increased in most states, including New South Wales (10.1%), Victoria (85.1%), Queensland (14.7%), South Australia (12.3%), and Western Australia (3.1%). In contrast, Tasmania saw a 27.7% decline. On an annual basis, dwelling approvals expanded 14.0%, reversing a 1.5% drop in January. source: Australian Bureau of Statistics
Building Permits MoM in Australia increased to 29.70 percent in February from -7.20 percent in January of 2026. Building Permits MoM in Australia averaged 0.40 percent from 1983 until 2026, reaching an all time high of 30.40 percent in February of 2022 and a record low of -22.80 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 April of 2026.
Building Permits MoM in Australia increased to 29.70 percent in February from -7.20 percent in January of 2026. Building Permits MoM in Australia is expected to be 0.50 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, according to our econometric models.