The Australian Bureau of Statistics (ABS) has released dwelling approvals data for the month of February. At the national level, the number of dwelling approvals rose by a seasonally adjusted 8.3% to 18,995. The overall increase was broad-based, with both unit & apartment approvals (+10.9%) and detached house approvals (+5.3%) rising.
In the year to February 2017, dwelling approvals fell by a seasonally-adjusted 4.9%, with unit approvals down by 3.8% and detached house approvals down by 5.4%:
