The seasonally adjusted estimate for total dwellings approved in Australia fell 24.1% year-on-year to 11,594 units in April 2023, accelerating from a revised 17.6% decline in March, preliminary data showed. source: Australian Bureau of Statistics

Building Permits YoY in Australia averaged 2.33 percent from 1984 until 2023, reaching an all time high of 63.80 percent in August of 2001 and a record low of -43.30 percent in February of 2001. This page includes a chart with historical data for Australia Building Permits YoY. Australia Building Permits YoY - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.

Building Permits YoY in Australia is expected to be -7.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Building Permits YoY is projected to trend around 1.20 percent in 2024 and 2.60 percent in 2025, according to our econometric models.

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Australia Building Permits YoY

Calendar GMT Actual Previous Consensus TEForecast
2023-05-15 01:30 AM Building Permits YoY Final Mar -17.3% -31.4% -17.3%
2023-05-30 01:30 AM Building Permits YoY Prel Apr -24.1% -17.6% -14.3%
2023-06-06 01:30 AM Building Permits YoY Final Apr -17.6% -24.1%