DECEMBER KEY FIGURES
 | Trend estimates | Seasonally adjusted estimates |
| Dec 2012 | Nov 2012 to Dec 2012 | Dec 2012 | Nov 2012 to Dec 2012 |
|
| Value of dwelling commitments(a)(b) | $m | % change | $m | % change |
| Total dwellings | 21 165 | 0.4 | 20 836 | -2.6 |
| Owner occupied housing | 13 748 | -0.1 | 13 498 | -2.7 |
| Investment housing - fixed loans(c) | 7 417 | 1.3 | 7 339 | -2.4 |
| Number of dwelling commitments(a)(b) | no. | % change | no. | % change |
| Owner occupied housing | 45 968 | -0.1 | 45 335 | -1.5 |
| Construction of dwellings | 4 834 | -1.1 | 4 894 | 1.2 |
| Purchase of new dwellings | 2 529 | 0.4 | 2 432 | 1.9 |
| Purchase of established dwellings | 38 606 | -0.1 | 38 009 | -2.1 |
|
| (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
|
DECEMBER KEY POINTS
VALUE OF DWELLING COMMITMENTS
December 2012 compared with November 2012:
- The trend estimate for the total value of dwelling finance commitments excluding alterations and additions rose 0.4%. Investment housing commitments rose 1.3%, while owner occupied housing commitments fell 0.1%.
- In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions fell 2.6%.
NUMBER OF DWELLING COMMITMENTS
December 2012 compared with November 2012:
- In trend terms, the number of commitments for owner occupied housing finance fell 0.1%.
- In trend terms, the number of commitments for the construction of dwellings fell 1.1%, the number of commitments for the purchase of established dwellings fell 0.1%, while the number of commitments for the purchase of new dwellings rose 0.4%.
- In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments fell to 14.9% in December 2012 from 15.8% in November 2012.
NOTES
FORTHCOMING ISSUES
| ISSUE | Release Date |
| January 2013 | 13 March 2013 |
| February 2013 | 15 April 2013 |
| March 2013 | 13 May 2013 |
| April 2013 | 11 June 2013 |
| May 2013 | 12 July 2013 |
| June 2013 | 7 August 2013 |
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:
- Owner occupied housing for November 2012.
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 or Tavish Shrestha on Sydney (02) 9268 4615.
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