Australia's seasonally adjusted dwelling approvals fell 1.1% month-on-month to a four-month low of 17,019 units in May 2026, following a revised 0.2% decline in the previous month and in line with preliminary estimates. The weakness was driven by a sharp drop in approvals for private sector dwellings excluding houses, which slumped 10.4% after rising 4.0% in the previous month. By contrast, approvals for private sector houses rebounded 2.8%, reversing April's 0.4% decline. Across the states, approvals decreased in Victoria (-3.0%), Queensland (-8.8%), and Western Australia (-1.3%), while increasing in New South Wales (2.2%), South Australia (10.9%), and Tasmania (4.8%). Compared with a year earlier, total dwelling approvals rose 5.3%, easing sharply from April's 10.9% surge. source: Australian Bureau of Statistics
Building Permits MoM in Australia decreased to -1.10 percent in May from -0.20 percent in April of 2026. Building Permits MoM in Australia averaged 0.43 percent from 1983 until 2026, reaching an all time high of 44.40 percent in February of 2026 and a record low of -26.90 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 July of 2026.
Building Permits MoM in Australia decreased to -1.10 percent in May from -0.20 percent in April 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.