The Australian Bureau of Statistics (ABS) has released dwelling approvals data for the month of April. At the national level, the number of dwelling approvals rose by a seasonally adjusted 4.4% to 17,414. The overall increase was broad-based, with both unit & apartment approvals (+9.6%) and detached house approvals (+0.5%) both rising.
In the year to April 2017, dwelling approvals fell by a seasonally-adjusted 17.2%, with unit & apartment approvals down by 26.5% and detached house approvals down by 7.5%: