The number of dwellings approvals in Australia rose by 0.7 percent month-over-month in May 2019, easily beating market expectations of a flat reading and rebounding from a downwardly revised 3.4 percent fall in the previous month. The upturn was driven by permits for private sector dwellings excluding houses (1.2 percent vs -5.1 percent in April). In addition, the approvals for private sector houses fell less (-0.3 percent vs -1.5 percent). Among the states and territories, total dwelling approvals increased in Victoria (14.4 percent), while was flat in New South Wales, and there were declines in Queensland (-6.3 percent), Western Australia (-4.7 percent), South Australia (-2.9 percent), and Tasmania (-1.2 percent). Building Permits in Australia averaged 0.31 percent from 1983 until 2019, reaching an all time high of 31.80 percent in May of 2012 and a record low of -21.80 percent in November of 2002.

Australia Dwelling Approvals
width
height
Forecast Data Chart
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.


Calendar GMT Actual Previous Consensus TEForecast
2019-04-02 12:30 AM Building Permits MoM Feb 19.1% 2.3% -1% -3.5%
2019-05-03 01:30 AM Building Permits MoM Mar -15.5% 19.1% -14% -5%
2019-05-30 01:30 AM Building Permits MoM Apr -4.7% -13.4% 0% 3%
2019-07-03 01:30 AM Building Permits MoM May 0.7% -3.4% 0% -3.5%
2019-08-06 01:30 AM Building Permits MoM Jun 0.7%
2019-09-06 01:30 AM Building Permits MoM Jul
2019-10-01 01:30 AM Building Permits MoM Aug


Australia Housing Last Previous Highest Lowest Unit
Building Permits 0.70 -3.40 31.80 -21.80 percent [+]
New Home Sales 5198.00 4036.00 20768.00 4036.00 Units [+]
Housing Index -3.00 -2.40 6.10 -3.00 percent [+]
Home Ownership Rate 65.00 67.00 71.40 65.00 percent [+]
Construction Output -1.90 -3.10 17.80 -18.90 percent [+]
Construction Pmi 43.00 40.40 60.50 29.24 Index Points [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.70 -3.40 31.80 -21.80 1983 - 2019 percent Monthly
Volume, SA




Country Last Previous
Australia 0.70 May/19
Canada 8230992.00 May/19
France 35100.00 May/19
Germany 26752.00 Apr/19
Netherlands 3714.00 May/19
Turkey 33158.00 Mar/19
United States 1220.00 Jun/19


Related

Latest