Australia September Building Approvals: Summary

Following is a summary of Australia’s building approval figures for September, seasonally adjusted, released by the Australian Bureau of Statistics in Sydney.

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                         Sept.*    Aug.    July    June     May   April   March
                           2011    2011    2011    2011    2011    2011    2011
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                         ----------------------- MoM% -------------------------
Total dwelling units     -13.6%   10.7%    1.2%   -2.2%   -6.2%   -1.0%    7.8%
 Public                  -46.4%  -10.6%   48.1%   26.1%   14.7%  -52.4%   32.7%
 Private                 -12.5%   11.5%    0.0%   -2.8%   -6.6%    0.9%    7.1%
Total houses               0.7%    0.1%   -0.8%   -2.8%    1.8%   -4.0%   -1.0%
 Private                   1.1%   -0.5%   -0.2%   -3.2%    1.5%   -3.7%   -0.5%
Total other dwellings    -32.0%   28.1%    4.7%   -1.0%  -17.8%    3.7%   24.9%
 Private                 -30.7%   32.8%    0.1%   -2.0%  -18.3%    8.3%   22.2%
                         ----------------------- YoY% -------------------------
Total dwelling units     -12.0%   -5.3%   -5.8%   -6.9%   -4.9%    1.5%    2.5%
-----------------------------------------------------------------------------
===============================================================================
                         Sept.*    Aug.    July    June     May   April   March
                           2011    2011    2011    2011    2011    2011    2011
===============================================================================
                         ----------------------- YoY% -------------------------
 Public                  -63.1%  -60.2%   60.0%    8.0%  -14.3%  -25.3%   57.0%
 Private                  -9.5%   -0.9%   -7.3%   -7.3%   -4.6%    2.1%    1.2%
Total houses              -7.9%   -9.0%  -18.6%  -18.0%  -15.6%  -17.1%  -13.6%
 Private                  -7.6%   -8.7%  -18.0%  -17.8%  -15.1%  -16.4%  -13.2%
Total other dwellings    -18.9%   -0.1%   27.5%   21.7%   22.9%   49.5%   44.2%
 Private                 -13.0%   11.6%   20.3%   20.2%   22.7%   50.1%   38.6%
                         --------------- Number of Approvals ------------------
Total dwelling units     11,889  13,758  12,431  12,280  12,553  13,389  13,520
 Public                     230     429     480     324     257     224     471
 Private                 11,659  13,330  11,951  11,956  12,297  13,165  13,050
Total houses              7,809   7,754   7,743   7,803   8,031   7,890   8,219
 Private                  7,689   7,602   7,638   7,650   7,902   7,787   8,085
Total other dwellings     4,080   6,004   4,688   4,477   4,522   5,498   5,302
 Private                  3,970   5,728   4,312   4,306   4,395   5,377   4,965
===============================================================================

Note: * Month-on-month percent changes are calculated by Bloomberg based on figures provided by the Australian Bureau of Statistics. Prior data is subject to revisions. Figures are seasonally adjusted.

Source: Australian Bureau of Statistics.

To contact the reporter on this story: Daniel Petrie in Sydney at dpetrie5@bloomberg.net

To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net

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