Australia Private House Approvals Up 0.9%

2026-05-04 01:44 By Kyrie Dichosa 1 min. read

Private house approvals in Australia rose by 0.9% month-on-month to 10,194 units in March 2026, easing from an upwardly revised 2% growth in February, preliminary estimates showed.

This marked the fifth consecutive monthly gain, although it was the softest in the current sequence.

Regionally, private sector house approvals increased in New South Wales (+9.5%) and Queensland (+7.2%), while declining in Victoria (-2.5%), South Australia (-6.2%), and Western Australia (-8.6%).

On an annual basis, private house approvals climbed 12%, accelerating from a 9.3% increase in the previous month.



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