The seasonally adjusted number of total dwellings approved in Australia declined 15.7% year-on-year in January 2026, the biggest fall since December 2023, reversing a 1.1% rise in the prior month. Building Permits YoY in Australia averaged 2.44 percent from 1984 until 2026, reaching an all time high of 65.40 percent in January of 2010 and a record low of -43.40 percent in February of 2001. source: Australian Bureau of Statistics
Building Permits YoY in Australia is expected to be 2.80 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 YoY is projected to trend around 2.60 percent in 2027, according to our econometric models.