Growth in private house approvals in Australia slowed in December 2025, with the rate easing to 0.4%, down from 0.8% previously. The latest figures, updated on 3 February 2026, indicate a halving of the monthly growth pace in this key segment of the housing market.
While approvals continued to rise, the weaker gain suggests a cooling in momentum as the year closed. The moderation in December’s data may reflect increased caution among builders and buyers amid evolving economic conditions and borrowing costs, though the underlying trend still points to ongoing, if slower, expansion in private house construction activity.
