Australia dwelling approvals jump 7.2% in June 2026, beating forecasts

Permits reached a four-month high of 18,328 units as a sharp rebound in private sector dwellings excluding houses offset only modest growth in house approvals.

Summary

Australia's seasonally adjusted dwelling approvals rose 7.2% month over month to a four-month high of 18,328 units in June 2026, outperforming expectations for a 1% decline after May's revised 1.6% fall. The gain was led by a 17.8% rebound in approvals for private sector dwellings excluding houses, which climbed to 7,138 units, while approvals for private sector houses edged up 0.4% to 10,631. From a year earlier, total dwelling approvals increased 8.9%, with private sector house approvals up 15.8% even as approvals for private sector dwellings excluding houses fell 1.5%. In trend terms, total dwelling approvals rose 2.0% to 18,449 units. State-level results were uneven: total approvals surged in Queensland, New South Wales and Western Australia, while private house approvals rose in Queensland, South Australia and Victoria but fell in Western Australia and New South Wales.

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