FX.co ★ Australia Private House Approval Growth Eases

Private house approvals in Australia edged up 0.2% month-on-month to 9,847 units in February 2026, according to preliminary estimates, following an upwardly revised 1.7% increase in January. This marked the fourth consecutive monthly rise, underscoring sustained demand for detached housing. By state, private sector house approvals showed a mixed picture: increases were recorded in New South Wales (13.7%), Victoria (7.7%), and South Australia (5.8%), while declines were seen in Queensland (-13.4%) and Western Australia (-7.1%). On an annual basis, private house approvals were up 6.1%.