The number of dwellings approved in Australia declined by 1.6 percent month-over-month in August 2020, following an upwardly revised 12.2 percent surge in the previous month and compared with market consensus of a 2 percent fall. Private sector dwellings excluding houses tumbled (-11 percent vs 23 percent in July), while private sector houses rose at a softer pace (4.8 percent vs 8.6 percent). source: Australian Bureau of Statistics

Building Permits in Australia averaged 0.30 percent from 1983 until 2020, reaching an all time high of 31.60 percent in May of 2012 and a record low of -21.70 percent in November of 2002. This page provides the latest reported value for - Australia Building Permits - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Dwelling Approvals - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.

Building Permits in Australia is expected to be -3.50 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 2.00 in 12 months time. In the long-term, the Australia Dwelling Approvals is projected to trend around 2.50 percent in 2021 and 3.00 percent in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Australia Dwelling Approvals

Actual Previous Highest Lowest Dates Unit Frequency
-1.60 12.20 31.60 -21.70 1983 - 2020 percent Monthly
Volume, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-07-01 01:30 AM May -16.4% -2.1% -10% -8%
2020-07-30 01:30 AM Jun -4.9% -15.8% 1.5% 2.5%
2020-09-01 01:30 AM Jul 12% -4.2% -2% -1.9%
2020-09-30 01:30 AM Aug -1.6% 12.2% -2% -0.5%
2020-11-02 12:30 AM Sep -1.6% 1.3% -2.1%
2020-12-01 12:30 AM Oct


News Stream
Australia Building Permits Fall Less than Expected in August
The number of dwellings approved in Australia declined by 1.6 percent month-over-month in August 2020, following an upwardly revised 12.2 percent surge in the previous month and compared with market consensus of a 2 percent fall. Private sector dwellings excluding houses tumbled (-11 percent vs 23 percent in July), while private sector houses rose at a softer pace (4.8 percent vs 8.6 percent).
2020-09-30
Australia Dwelling Approvals Unexpectedly Rise in July
The number of dwellings approved in Australia unexpectedly surged by 12 percent month-over-month in July 2020, following a downwardly revised 4.2 percent fall in the previous month and defying market expectations of a 2 percent drop. It was the first increase in the number of dwellings approved since February, reflecting improved consumer sentiment amid the easing of coronavirus lockdown restrictions. Private sector dwellings excluding houses jumped 22.7 percent (vs -5.3 percent in June) and private sector houses rose by 8.5 percent, the strongest monthly increase since January 2014, after declining 4.9 percent in the previous month.
2020-09-01
Australia Dwelling Approvals Fall Unexpectedly
The number of dwellings approved in Australia unexpectedly dropped by 4.9 percent month-over-month in June 2020, following a downwardly revised 15.8 percent plunge in the previous month and defying market expectations of a 1.5 percent gain. It was the fourth straight month of declines in the number of dwellings approved, as private sector houses fell 5.7 percent (vs -4.0 percent in May), while dwellings excluding houses went down 5.3 percent, after tumbling 33.7 percent in the previous month.
2020-07-30
Australia Building Permits Fall the Most in Over 2 Years
The number of dwellings approved in Australia tumbled by 16.4 percent month-over-month in May 2020, following an upwardly revised 2.1 percent fall in the previous month and compared with market expectations of a 10 percent drop. It was the sharpest decline in the number of dwellings approved since December 2017, as private sector dwellings excluding houses plunged 34.9 percent (vs -8.5 percent in April). The number of dwellings approved in apartment buildings fell sharply, to an 11-year low. In addition, private sector houses fell 4.4 percent, after rising 2.7 percent in the prior month.
2020-07-01

Australia Dwelling Approvals
In Australia, Building Permits show the monthly change in the number of total dwelling units approved, including building activity carried out on existing buildings.