Building Permits

The Building Permits indicator measures the change in the number of permits/approvals for new construction dwelling projects. This metric is reported on a monthly basis by Australian Bureau of Statistics.

 Australian Building Permits

In May 2017 the indicator declined to 16,448 units representing a decrease of 5.6% from the previous month and fell short of the consensus which was at -2%. This figure was at its historical lows -22.4% in Jul 2012 and at its highs of 32.40% in May 2012.