The ABS has released its May data for the number and value of dwelling units approved by sector (public/private) and by state, number and value of new other residential dwelling units approved by type of building, and the number and value of non-residential building jobs approved by type of building and value ranges.
TOTAL DWELLING UNITS
The trend estimate for total dwellings approved fell 1.2% in May 2011 and is now showing falls for seven months.
The seasonally adjusted estimate for total dwellings approved fell 7.9% following a fall of 0.3% in the previous month.
PRIVATE SECTOR HOUSES
The trend estimate for private sector houses approved fell 0.7% in May and has fallen for 17 months.
The seasonally adjusted estimate for private sector houses approved rose 0.7% in May following a fall of 2.3% in the previous month.
PRIVATE SECTOR OTHER DWELLING UNITS
The trend estimate for private sector other dwellings approved fell 1.6% in May and is now showing falls for five months.
The seasonally adjusted estimate for private sector other dwellings approved fell 20.1% following a rise of 7.9% last month.
VALUE OF BUILDING APPROVED
The trend estimate for the value of total building approved fell 1.0% in May and is now showing falls for seven months. The trend estimates for the value of building approved should be interpreted with caution. See the data notes on page 2 of this publication.
The seasonally adjusted estimate for the value of total building approved fell 2.8% in May following a fall of 20.7% last month. The seasonally adjusted estimate for the value of total residential building fell 2.7% and the value of non-residential building fell 3.0%.