Australia Private House Approval Falls in July

Private sector house approvals in Australia fell 4.2% month-on-month to 10,199 units in July 2026, according to preliminary estimates, reversing a 0.4% increase in June. The decline was broad-based across the states, led by South Australia (-10.7%), Queensland (-5.5%), Victoria (-4.1%), New South Wales (-4.0%), and Western Australia (-0.1%). Meanwhile, approvals for private-sector dwellings excluding houses slipped 0.4% to 7,119 units. On an annual basis, private house approvals rose 6.0%, slowing sharply from a 15.8% increase in June.

Private house approvals in Australia rose 0.4% month-on-month to 10,631 units in June 2026, confirming preliminary estimates but easing from a 2.4% increase in the previous month. It marked the second consecutive monthly gain, supported by stronger approvals in Queensland (+2.9%), South Australia (+2.8%), and Victoria (+2.2%). In contrast, approvals declined in New South Wales (-0.3%) and Western Australia (-5.4%). Meanwhile, approvals for private-sector dwellings excluding houses surged 17.8% to 7,138 units, pointing to robust activity in higher-density housing. On a yearly basis, private house approvals jumped 15.8%, accelerating from a 13.3% rise in May and marking the strongest growth rate since September 2024.

Private house approvals in Australia rose 0.4% month-on-month to 10,631 units in June 2026, according to preliminary estimates, easing from a downwardly revised 2.4% increase in the previous month. This marked the second consecutive monthly gain, driven by higher approvals in Queensland (2.9%), South Australia (2.8%), and Victoria (2.2%), which more than offset declines in Western Australia (-5.4%) and New South Wales (-0.3%). On an annual basis, private house approvals climbed 15.8%, accelerating from a 13.3% increase in the previous month and marking the strongest annual growth since September 2024.