Australia Building Permits  Forecast


Building Permits in Australia is expected to be -3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Building Permits in Australia to stand at 5.10 in 12 months time. In the long-term, the Australia Building Permits is projected to trend around 2.00 percent in 2020, according to our econometric models.

Australia Building Permits
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Australia Housing Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Building Permits -1.7 -3.2 4.5 -6.2 5.1 2
New Home Sales 6677 6600 6000 5900 6000 6550
Housing Index 1.9 1.8 1.5 1.7 1.6 2.1
Home Ownership Rate 67 66.75 66.65 66.58 66.51 65.5
Construction Output 9.3 0.9 0.8 0.7 0.7 0.2
Construction Pmi 55.3 53.5 52 51.5 51 50