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Number of dwelling units approved rose 2.3% in July 2010

ABS Building Approvals show that the total number of dwellings approved rose in July 2010 following falls in the previous three months in seasonally adjusted terms.

According to the ABS, New South Wales (9.7%), Victoria (12.1%), South Australia (8.3%) and Tasmania (4.4%) recorded more dwelling approvals this month, while Queensland (-18.3%) and Western Australia (-4.9%) recorded less dwelling approvals in seasonally adjusted terms.

Private sector houses approved fell 0.1% due to falls in New South Wales (-5.3%) and Western Australia (-14.4%). Victoria (6.9%), Queensland (3.2%) and South Australia (4.8%) all rose.

The value of total building approved fell -1.3% in July in seasonally adjusted terms. The value of total residential building rose by 6.6% while non-residential building fell by 15.8%.