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Dwelling unit commencements increase 4.9%

Some 4.9 per cent more houses started to be built in the second quarter of this year than the previous quarter, recent figures have shown.

The total number of dwelling units commenced in Australia increased by 4.9 per cent from the first quarter of the year to the second quarter, latest figures have shown.

A report from the Australian Bureau of Statistics (ABS) shows that 45,714 residential buildings started to be constructed in the second quarter of the year.

This represents a 43.4 per cent increase on the number that were commenced in the second quarter of last year.

Some 28,089 new private sector houses started being built in the period, which is 22.2 per cent more than the same three months of 2009.

"The trend estimate for new private sector other residential building commencements rose 11.4 per cent in the June quarter, which follows a rise of 16.4 per cent in the March quarter," the ABS report states.

David Bare, the Housing Industry Association executive director for New South Wales, recently labelled the increase in new home starts "pleasing to see".

Posted by Craig Francis

- dwelling, housing, HIA, unit

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