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Residential building permits in Australia: Growth in May 2018

In comparison to the prior month the indicator went up by 8.63%, according to statistics presented by Australian National Statistical Office. The variable increased from 17 291 to 18 784, in contrast to the previous month when it went down by 11.89%. The data attained 18 390 in May 2017, which is a 11.37 percent fluctuation compared to April of the same year. In sum, the indicator was 2.14% larger in May 2017 than in the same month in 2018. The overall changes for the prior 62 years hit a rise of 266.3%. As well as the building permits is now greater than its average which equals 12 261.85 with a slight overall growth since the start of time series. It reached its all-time high of 22 898 in November 2017 and record low of 4 859 in December 1956.

Residential building permits in Australia: Growth in May 2018
Date Number Variation
May. 2018 18 784.00 8.63
Apr. 2018 17 291.00 -11.89
Mar. 2018 19 624.00 10.49
Feb. 2018 17 761.00 7.93
Jan. 2018 16 456.00 3.09
Dec. 2017 15 962.00 -30.29
Nov. 2017 22 898.00 14.64
Oct. 2017 19 973.00 -1.12
Sep. 2017 20 199.00 2.18
Aug. 2017 19 769.00 0.4

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