Australia Building Permits - Forecast

Building Permits in Australia is expected to be -6.20 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 3.20 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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Building Permits 11.7 -6.2 5.1 -2.2 3.2 2
New Home Sales 6841 5900 6000 5800 5950 6550
Housing Index -0.2 1.6 1.6 1.7 2 2.1
Home Ownership Rate 67 66.91 66.82 66.73 66.69 67.82
Construction Output 15.7 0.7 0.7 -0.19 1.5 0.2
Construction Pmi 52.8 51.5 51 50.7 53 50