Dwelling approvals rise 2.9 per cent in November 2012
THE number of dwellings approved rose 2.9 per cent in November 2012, in seasonally adjusted terms, following a revised fall of 5.1 per cent in October, according to the latest data released last week by the Australian Bureau of Statistics (ABS).
Dwelling approvals increased in November in Victoria (8.7 per cent) but decreased in South Australia (-13.9 per cent), Tasmania (-7.7 per cent), New South Wales (-4.0 per cent), Queensland (-1.5 per cent) and Western Australia (-1.1 per cent), in seasonally adjusted terms.
- Written by Urbanalyst