The seasonally adjusted estimate for total dwellings approved in Australia surged 21.6 percent month-over-month in February 2021, unrevised from the preliminary estimate, and following a 19.4 percent slump in January. Approvals for private houses jumped 15.1 percent, exceeding the previous record-high set in December last year; while permits for private sector dwellings excluding houses soared 45.3 percent, coming off a nine-year low in January but remaining 28.7 percent lower than February 2020. Total dwelling approvals rose in Queensland (40.5 percent), Tasmania (31.6 percent), Victoria (21.7 percent), Western Australia (19.1 percent), and New South Wales (16.1 percent). Dwelling approvals fell in South Australia (3.4 percent). source: Australian Bureau of Statistics

Building Permits in Australia averaged 0.39 percent from 1983 until 2021, reaching an all time high of 31.60 percent in May of 2012 and a record low of -22 percent in December of 2017. 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 May of 2021.

Building Permits in Australia is expected to be 1.70 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 2.50 in 12 months time. In the long-term, the Australia Dwelling Approvals is projected to trend around 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
21.60 -19.40 31.60 -22.00 1983 - 2021 percent Monthly
Volume, SA


Calendar GMT Actual Previous Consensus TEForecast
2021-03-02 12:30 AM Building Permits MoM Prel Jan -19.4% 12.0% -3% -2.7%
2021-03-10 12:30 AM Building Permits MoM Final Jan -19.4% 12.0% -19.4% -19.4%
2021-03-31 12:30 AM Building Permits MoM Prel Feb 21.6% -19.4% 5% 2%
2021-04-09 01:30 AM Building Permits MoM Final Feb 21.6% -19.4% 21.6% 21.6%


News Stream
Australia Building Permits Jump 21.6% in February
The seasonally adjusted estimate for total dwellings approved in Australia surged 21.6 percent month-over-month in February 2021, unrevised from the preliminary estimate, and following a 19.4 percent slump in January. Approvals for private houses jumped 15.1 percent, exceeding the previous record-high set in December last year; while permits for private sector dwellings excluding houses soared 45.3 percent, coming off a nine-year low in January but remaining 28.7 percent lower than February 2020. Total dwelling approvals rose in Queensland (40.5 percent), Tasmania (31.6 percent), Victoria (21.7 percent), Western Australia (19.1 percent), and New South Wales (16.1 percent). Dwelling approvals fell in South Australia (3.4 percent).
2021-04-09
Australia Building Permits Rebound Sharply
The seasonally adjusted estimate for total dwellings approved in Australia surged 21.6 percent month-over-month in February 2021, easily beating market expectations of a 5 percent gain and recovering from a 19.4 percent slump in January, a preliminary estimate showed. Approvals for private houses jumped 15.1 percent to a new record high; while permits for private sector dwellings excluding houses soared 45.3 percent, still remaining 28.7 percent lower than February 2020. Total dwelling approvals rose in Queensland (40.5 percent), Tasmania (31.6 percent), Victoria (21.7 percent), Western Australia (19.1 percent) and New South Wales (16.1 percent). Dwelling approvals fell in South Australia (3.4 percent).
2021-03-31
Australia Building Permits Fall for 1st Time in 5 Months
The seasonally adjusted estimate for total dwellings approved in Australia dropped by 19.4 percent month-over-month in January 2021, unchanged from the preliminary reading and following a final 12 percent growth in the previous month. This was the first drop in building permits since August last year, amid disruptions caused by the COVID-19 pandemic. Approvals for private sector houses declined 12.2 percent from December's record high, and those for private sector dwellings excluding houses tumbled 39.5 percent to the lowest since January 2012.
2021-03-10
Australia Building Approvals Plunge in January
The seasonally adjusted estimate for total dwellings approved in Australia fell 19.4 percent month-over-month in January 2021, worse than market consensus of a 3.0 percent drop and following an upwardly revised 12.0 percent jump in the previous month, a preliminary estimate showed. This was the first drop in building permits since August last year, amid disruptions caused by the COVID-19 pandemic. Approvals for private sector houses declined 12.2 percent from December's record high, and those for private sector dwellings excluding houses tumbled 39.5 percent to the lowest level recorded since January 2012.
2021-03-02

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.