The number of dwelling units approved rose in July, according to data released today by the Australian Bureau of Statistics.

ABS Building Approvals revealed that the total number of dwellings approved edged up in July 2010 after decreasing in the previous three months in seasonally adjusted terms.

According to the ABS, New South Wales, Victoria, South Australia and Tasmania recorded more dwelling approvals this month, gaining 9.7 per cent, 12.1 per cent, 8.3 per cent and 4.4 per cent, respectively.

Meanwhile Queensland posted less dwelling approvals in seasonally adjusted terms, losing 18.3 per cent. Western Australia declined by 4.9 per cent.

Private sector houses approved dropped a moderate 0.1 per cent due to a 5.3 per cent fall in New South Wales and a 14.4 per cent decline in Western Australia. Victoria increased 6.9 per cent, while Queensland and South Australia added 3.2 and 4.8 per cent, respectively.

The value of total building approved shed 1.3 per cent in July in seasonally adjusted terms. The value of total residential building rose by 6.6 per cent while non-residential building slumped by 15.8 per cent.

Source: Australian Bureau of Statistics