Australia - Residential Building Permits
Australia: Residential Building Permits
| Mnemonic | HPMTR.IAUS | |
|---|---|---|
| Unit | #, SA | |
| Adjustments | Seasonally Adjusted | |
| Monthly | 1.92 % | |
| Data | Feb 2024 | 12,520 |
| Jan 2024 | 12,765 | |
Series Information
| Source | Australian Bureau of Statistics (ABS) |
| Release | Residential Building Approvals |
| Frequency | Monthly |
| Start Date | 7/31/1983 |
| End Date | 2/29/2024 |
Australia: Real Estate
| Reference | Last | Previous | Units | Frequency | |
|---|---|---|---|---|---|
| Residential Building Permits | Feb 2024 | 12,520 | 12,765 | #, SA | Monthly |
| Building Completions | 2023 Q4 | 34,296,918 | 34,685,058 | Ths. Ch. AUD, SA | Quarterly |
| Housing Starts | 2023 Q4 | 23,597 | 22,912 | #, SA | Quarterly |
| Non-residential Building Completions | 2023 Q4 | 14,572,027 | 13,883,743 | Ths. Ch. AUD, SA | Quarterly |
| Residential Building Completions | 2023 Q4 | 16,954,994 | 17,804,137 | Ths. Ch. AUD, SA | Quarterly |
| Residential Housing Starts | 2023 Q4 | 14,234 | 14,541 | #, SA | Quarterly |
| House Price Index | 2021 Q4 | 195.45 | 187.05 | Index FY 2012=100, SA | Quarterly |
| House Price Value | 2021 Q2 | 619,804 | 590,891 | AUD, NSA | Quarterly |
Release Information
In Australia, the Residential Building Approval statistics are compiled by the Australian Bureau of Statistics.
This publication provides 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 (i.e. by function such as 'retail and wholesale trade', 'offices') and value ranges.
Data is updated every month.
Statistics of building work approved are compiled from:
- permits issued by local government authorities and other principal certifying authorities
- contracts let or day labour work authorised by commonwealth, state, semi-government and local government authorities
- major building approvals in areas not subject to normal administrative approval e.g. building on remote mine sites.
The scope of the survey comprises the following:
- construction of new buildings
- alterations and additions to existing buildings
- approved non-structural renovation and refurbishment work
- approved installation of integral building fixtures
Data is revised when new data becoms available each month.
The national and states level data may have discrepancies due to the seasonally adjustment process by the ABS. The estimate of the states data were seasonally adjusted separately. The national total is then seasonally adjusted at the national level.
