11 May 2026, 08:47 Australia: Private House Approval Growth Eases.
Private house approvals in Australia rose by 0.9% month-on-month to 10,194 units in March 2026, confirming preliminary estimates and easing from a 2% increase in the previous month. This marked the fifth consecutive monthly gain, although it was the softest in the current sequence. Across the region, private sector house approvals increased in New South Wales (+9.5%) and Queensland (+7.2%), while declining in Victoria (-2.5%), South Australia (-6.2%), and Western Australia (-8.6%). On an annual basis, private house approvals climbed 12%, accelerating from a 9.3% increase in the previous month.
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