APRIL KEY FIGURES
| Trend estimates | Seasonally adjusted estimates |
| Apr 2014 | Mar 2014 to Apr 2014 | Apr 2014 | Mar 2014 to Apr 2014 |
|
Value of dwelling commitments(a)(b) | $m | % change | $m | % change |
Total dwellings | 27 725 | 0.4 | 27 890 | 1.7 |
Owner occupied housing | 16 853 | 0.4 | 16 911 | 1.4 |
Investment housing - fixed loans(c) | 10 873 | 0.5 | 10 979 | 2.3 |
Number of dwelling commitments(a)(b) | no. | % change | no. | % change |
Owner occupied housing | 52 081 | 0.1 | 52 109 | 0.0 |
Construction of dwellings | 6 241 | 1.1 | 6 163 | -1.1 |
Purchase of new dwellings | 2 644 | -1.3 | 2 655 | -1.5 |
Purchase of established dwellings | 43 196 | 0.1 | 43 290 | 0.3 |
|
(a) Includes refinancing (see Glossary). |
(b) Excludes alterations and additions. |
(c) Excludes revolving credit. |
Value of dwelling commitments, Total dwellings
| No. of dwelling commitments, Owner occupied housing
|
APRIL KEY POINTS
VALUE OF DWELLING COMMITMENTS
April 2014 compared with March 2014:
- The trend estimate for the total value of dwelling finance commitments excluding alterations and additions rose 0.4%. Investment housing commitments rose 0.5% and owner occupied housing commitments rose 0.4%.
- In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions rose 1.7%.
NUMBER OF DWELLING COMMITMENTS
April 2014 compared with March 2014:
- In trend terms, the number of commitments for owner occupied housing finance rose 0.1%.
- In trend terms, the number of commitments for the construction of dwellings rose 1.1% and the number of commitments for the purchase of established dwellings rose 0.1%, while the number of commitments for the purchase of new dwellings fell 1.3%.
- In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments fell to 12.3% in April 2014 from 12.6% in March 2014.
NOTES
FORTHCOMING ISSUES
ISSUE | Release Date |
May 2014 | 11 July 2014 |
June 2014 | 8 August 2014 |
July 2014 | 9 September 2014 |
August 2014 | 10 October 2014 |
September 2014 | 10 November 2014 |
October 2014 | 10 December 2014 |
REVISIONS
In this issue revisions have been made to the original series as a result of improved reporting of survey and administrative data. These revisions have impacted on:
- Investment housing values for the periods December 2013 to March 2014
- Housing loan outstandings to households for the periods September 2013, December 2013 and March 2014
Seasonally adjusted and trend series have been revised as a result of revisions to the original series, the incorporation of estimates for the latest month and the revision of seasonal factors due to the concurrent seasonal adjustment methodology.
INQUIRIES
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070.