The ABS has released dwelling construction data for the September quarter of 2016, which recorded surprise falls in both dwelling commencements and completions.
According to the ABS, the number of dwelling commencements fell by a seasonally-adjusted 2.8% over the September quarter and were down by 4.0% over the year. Detached house commencements fell by 1.8% over the quarter but were up by 1.4% over the year, whereas unit commencements fell by 0.7% over the quarter and were down by 8.1% over the year (see below charts).
