ABS Building Approvals show that the number of dwellings approved rose 0.2 per cent in November 2014, in trend terms, and has risen for six months.
Dwelling approvals increased in November in Tasmania (3.8 per cent), the Australian Capital Territory (3.2 per cent), the Northern Territory (2.9 per cent), Victoria (2.8 per cent) and Western Australia (0.9 per cent) but decreased in Queensland (2.4 per cent), New South Wales (1.4 per cent) and South Australia (1.1 per cent) in trend terms.
In trend terms, approvals for private sector houses fell 0.3 per cent in November. Private sector house approvals fell in South Australia (0.7 per cent), Western Australia (0.7 per cent) and New South Wales (0.5 per cent) but rose in Victoria (0.2 per cent) and Queensland (0.2 per cent).
The value of total building approved fell 0.7 per cent in November, in trend terms, and has fallen for 12 months. The value of residential building fell 0.5 per cent while non-residential building fell 1.0 per cent in trend terms.
