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Dwellings building permits in Australia: Increase in May 2018

Compared with the prior month building permits slightly climbed by 2.73 percent, adjusted data from Australian National Statistical Office display. Building permits increased barely from 7 626 to 7 834, versus the previous month when it declined by 16.63%. When considering the previous year, it can be announced that the indicator was decreasing by -14.49% and reached 7 355 in May. This highlights a 6.51 percent shift between May 2017 and May of the year after. Australia saw a rise of 281.22% in building permits during the last 35 years. In comparison to its average, the building permits is now bigger as the mean equals 4 686.31 with a negligible overall raise since the 1983. It hit its all-time high of 12 631 in October 2015 and record low of 1 768 in January 1987.

Dwellings building permits in Australia: Increase in May 2018
Date Number Variation
May. 2018 7 834.00 2.73
Apr. 2018 7 626.00 -16.63
Mar. 2018 9 147.00 17.56
Feb. 2018 7 781.00 -10.83
Jan. 2018 8 726.00 11.77
Dec. 2017 7 807.00 -36.46
Nov. 2017 12 286.00 29.49
Oct. 2017 9 488.00 -4.33
Sep. 2017 9 917.00 16.52
Aug. 2017 8 511.00 -8.78

Related Statistics

Building Permits in other Countries

Main Construction Indicators

  • Building Permits

    Number of issued building permits, it is an indicator of the construction sector's growth. A building permit is an authorisation to start work on a building project. As such, a permit is the final stage of planning and building authorisations from public authorities, prior to the start of work. Based on: Eurostat.

  • Construction Completions

    Number of new privately owned housing units completed. Is is an indicator of construction work actually completed within a given period of time or at a particular point in time. Based on: Organisation for Economic Co-operation and Development.

  • Construction GDP

    Value of output of the construction industry less the value of intermediate consumption (intermediate inputs) used in this industry. It can be expressed in millions or billions of national currency, or in percentage of GDP. Based on: Organisation for Economic Co-operation and Development.

  • Construction Output

    Measure of the production in the construction industry.

  • Construction Spending

    Value of total spending in the construction industry, usually expressed in millions billions of national currency. It includes the cost of labor and materials, cost of architectural and engineering work, overhead costs, interest and taxes paid during construction and contractor's profts. Based on: US Census Bureau.

  • Construction Starts

    Number of new buildings on which construction has been started in a given period. Start of a construction occurs when excavation begins for the footings or foundation of a building. Based on: U.S. Census Bureau.

  • Buildings Under Construction

    Number of buildings in a state of construction (up until they receive their certificate of occupancy), at a given date in a country.

  • Building Materials Import

  • Building Materials Export