Number of dwelling unit commencements in Q4 2018 was 1,290, well above the 651 figure from a year before, ranking the ACT above all Australian jurisdictions by this measure. In 2017-18, residential building approvals were valued at A$1.7 billion, an all-time high since 2008-09. Non-residential building approvals stood at $1.3 billion, considerably below the $1.8 billion 2008-09 peak but still well above the A$0.6 billion trough in 2011-12.
