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The Australian Bureau of Statistics released its building permits data on Monday. Building permits in Australia rose 2.2% in September, exceeding expectations for a 2.0% gain, after a 9.5% drop in August. August's figure was revised down from a 6.9% decrease.
Building permits for private sector houses declined 1.9% in September, while building permits for private sector dwellings excluding houses jumped 6.1%.
The seasonally adjusted estimate of the value of total building approved was down 2.1% in September.
On a yearly basis, building permits climbed 21.4% in September, after a 5.1% increase in August.
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