JANUARY KEY FIGURES
 | Trend estimates | Seasonally adjusted estimates |
| Jan 2015 | Dec 2014 to Jan 2015 | Jan 2015 | Dec 2014 to Jan 2015 |
Value of dwelling commitments(a)(b) |
|
| $m | % change | $m | % change |
| Total dwellings | 30 189 | 0.8 | 30 244 | -0.6 |
| Owner occupied housing | 17 743 | 0.8 | 17 712 | -1.0 |
| Investment housing - fixed loans(c) | 12 446 | 1.0 | 12 531 | -0.1 |
Number of dwelling commitments(a)(b) |
|
| no. | % change | no. | % change |
| Owner occupied housing | 52 166 | -0.1 | 51 396 | -3.5 |
| Construction of dwellings | 6 016 | -1.0 | 5 832 | -4.7 |
| Purchase of new dwellings | 2 644 | -1.9 | 2 546 | -6.5 |
| Purchase of established dwellings | 43 506 | 0.2 | 43 018 | -3.1 |
|
| (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
|
JANUARY KEY POINTS
VALUE OF DWELLING COMMITMENTS
January 2015 compared with December 2014:
- The trend estimate for the total value of dwelling finance commitments excluding alterations and additions rose 0.8%. Investment housing commitments rose 1.0% and owner occupied housing commitments rose 0.8%.
- In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions fell 0.6%.
NUMBER OF DWELLING COMMITMENTS
January 2015 compared with December 2014:
- In trend terms, the number of commitments for owner occupied housing finance fell 0.1% in January 2015.
- In trend terms, the number of commitments for the purchase of new dwellings fell 1.9% and the number of commitments for the construction of dwellings fell 1.0%, while the number of commitments for the purchase of established dwellings rose 0.2%.
- In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments fell to 14.2% in January 2015 from 14.3% in December 2014.
NOTES
FORTHCOMING ISSUES
| ISSUE | Release Date |
| February 2015 | 10 April 2015 |
| March 2015 | 12 May 2015 |
| April 2015 | 9 June 2015 |
| May 2015 | 10 July 2015 |
| June 2015 | 7 August 2015 |
| July 2015 | 9 September 2015 |
REVISIONS
In this issue revisions have been made to the original series as a result of improved reporting of survey and administrative data, and modelled first home buyer estimates. These revisions have impacted on:
- First home buyers owner occupied housing for periods August to December 2014
- Owner occupied housing for periods August 2014 to December 2014
- Housing loan outstandings to households for owner occupation and investment housing series for periods August 2013 to December 2014
- Investment housing for the period of December 2014
Seasonally adjusted and trend series have been revised as a result of the incorporation of estimates for the latest month and the revision of seasonal factors due to the concurrent seasonal adjustment methodology.
OTHER CHANGES
Details of the following publication changes can be found under the Other Changes web page and on page 4 of the PDF.
Coverage
Information relating to forthcoming changes to coverage, to be implemented in the February 2015 issue.
First Home Buyers
Information relating to changes to the method of estimating loans to first home buyers, introduced from the December 2014 issue.
PRIVACY
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INQUIRIES
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070.
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