- Analytics
- News and Tools
- Market News
- The number of dwellings approved in Australia rose 0.8 per cent in February
The number of dwellings approved in Australia rose 0.8 per cent in February
The number of dwellings approved rose 0.8 per cent in February 2017, in trend terms, after falling for eight months, according to data released by the Australian Bureau of Statistics (ABS) today.
Dwelling approvals increased in February in New South Wales (2.5 per cent), Victoria (1.4 per cent), Tasmania (0.9 per cent) and South Australia (0.5 per cent), but decreased in the Australian Capital Territory (15.6 per cent), Northern Territory (12.3 per cent), Queensland (0.7 per cent) and Western Australia (0.2 per cent) in trend terms.
In trend terms, approvals for private sector houses fell 0.6 per cent in February. Private sector house approvals fell in South Australia (1.7 per cent), Western Australia (0.6 per cent), New South Wales (0.5 per cent), Victoria (0.3 per cent) and Queensland (0.1 per cent).
In seasonally adjusted terms, dwelling approvals increased by 8.3 per cent in February, driven by a rise in total dwellings excluding houses (11.0 per cent) and total house approvals (5.7 per cent).
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
