{{propApi.title}}
{{propApi.text}} {{region}} Change location{{propApi.title}}
{{propApi.successMessage}} {{region}} Change location {{propApi.title}}
{{propApi.text}} {{region}} Change location{{propApi.title}}
{{propApi.successMessage}} {{region}} Change locationBuilding approvals fall a further 1 per cent in January
Building approvals fall a further 1 per cent in January
Member and guest login
Enter your email and password to access secured content, members only resources and discount prices.
Did you become a member online? If not, you will need to activate your account to login.
If you are having problems logging in, please call HIA helpdesk on 1300 650 620 during business hours.
Forgotten password
Need some help?
If you are having problems logging in, please call HIA helpdesk on 1300 650 620 during business hours.
If the email address you have entered is registered, you will receive an email with further instructions.
Become part of the HIA community
Enables quick and easy registration for future events or learning and grants access to expert advice and valuable resources.
Create a guest account
Enter your details below and create a login
The Australian Bureau of Statistics today released its monthly building approvals data for January 2024 for detached houses and multi-units covering all states and territories.
“Detached home building approvals fell by 9.6 per cent in the month of January 2024. This decline leaves approvals 5.3 per cent lower in the three-month period to January compared to the previous year,” added Mr Reardon.
“Multi-unit approvals have increased by 14.5 per cent in January from very low volumes in the previous month. The three-month period to January saw multi-unit approvals decline by 15.4 per cent compared to the previous year.
“The low volume of building approvals throughout 2023 will see the volume of homes commencing construction continue to slow this year. The rise in the cash rate is the primary cause of this slowdown in approvals.
“Approvals have declined across all jurisdictions, however, there is an increasing divergence among the jurisdictions as the rise in the cash rate falls disproportionately on those markets with higher land costs,” concluded Mr Reardon.
In seasonally adjusted terms, dwelling approvals in the three months to January increased only in Western Australia, up by 26.4 per cent compared to the previous year. Other jurisdictions saw declines in approvals, led by Tasmania (-29.8 per cent), followed by the Northern Territory (-26.0 per cent), New South Wales (-17.6 per cent), South Australia (-13.4 per cent), Victoria (-12.2 per cent) Queensland (-10.0 per cent), and the Australian Capital Territory (-3.9 per cent).
Monthly Building Approvals - Australia, 3 Month rolling average
For more information please contact:
G.E.M Taylor Constructions wins 2025 HIA Eastern Vic Home of the Year
Mornington Peninsula-based builder G.E.M Taylor Constructions has won the prestigious HIA Eastern Victoria Home of the Year award for a striking, grand and complex project in Flinders. The result was announced at the 2025 HIA Eastern Victoria Regional Housing Awards, presented by Tradelink, held at Cape Schanck on Friday night.
Quality, innovation and design on display at Regional Housing Awards
The most exceptional homes in Western Australia’s South West, Great Southern, and Mid West regions were recognised on Saturday 13 September 2025 at the 2025 HIA Regional Western Australian Housing Awards presented by Wespine.
Lancaster Homes wins HIA Riverina Home of the Year
Lancaster Homes have won the 2025 HIA Riverina Home of the Year for their remarkable project Nero - a bold two-level home set on a steep suburban block, that combines off-form concrete and Shou Sugi Ban timber to dramatic effect.
New Domestic Building Contracts laws coming next year
The passage of the Domestic Building Contracts Amendment Bill 2025 by the Victorian Parliament represents an important step forward for the regulation of residential building contracts. Although further reforms are necessary, these changes implement some measures the HIA has long advocated.