building approvals fall 12.6pc in august

, adjusted
11:44, Tuesday, 3 October 2006

Sydney - Tuesday - October 3: (RWE Aust Business News) - The
seasonally adjusted estimate for total dwelling units approved fell 12.6
per cent, to 12,432, in August, the Australian Bureau of Statistics said.
The seasonally adjusted estimate for private sector houses
approved rose 1.1pc, to 8,952.
This is the highest level since June 2005.
The seasonally adjusted estimate for private sector other
dwellings approved fell 36.9pc, to 3,213.
This follows rises of 16.1pc, 14.9pc and 14.1pc in the previous
three months.
The seasonally adjusted estimate for the value of total building
approved fell 9.8pc, to $4.94bn.
The value of new residential building approved fell 3.4pc, to
$2.63bn.
The value of alterations and additions fell 3.5pc, to $449.6m.
The value of non-residential building fell 18.6pc, to $1.87bn.
ENDS