ABS reported a drop in the number of dwellings approved by 4.9% in June 2020. In seasonally adjusted terms, private sector houses slipped 5.7% during the month while private sector dwellings excluding houses dropped by 5.3%.
This is seen as an evidence to the impact of COVID-19 on dwelling approvals in June.
In New South Wales, the drop seen was of 14.8%, Western Australia by 11.7%, Queensland by 10.9%, Tasmania by 10.8%, South Australia by 4.6% and Victoria by 0.2%.
In seasonally adjusted terms, the approvals for private sector houses dropped 15% in Queensland, 11.3% in New South Wales, 2.3% in South Australia, and 0.8% in Western Australia. A marginal growth of 0.9% was seen in Victoria.
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