building approvals up

Sydney - Friday - March 31: (RWE Aust Business News) - The
seasonally adjusted estimate for total dwelling units approved rose 2.2
per cent, to 12,213, in February 2006, the Australian Bureau of
Statistics said.
The seasonally adjusted estimate for private sector houses
approved rose 5.2pc, to 8,674, in February.
This is the highest level since July 2005.
The seasonally adjusted estimate for private sector other
dwellings approved rose 2.5pc, to 3,343, in February.
The seasonally adjusted estimate of the value of total building
approved rose 13.5pc, to $4.883bn, in February.
The value of new residential building approved rose 6.2pc, to
$2.481bn.
The value of alterations and additions rose 12.1pc, to $524.3m.
ENDS