JULY KEY FIGURES
 | Trend estimates | Seasonally adjusted estimates |
| Jul 2015 | Jun 2015 to Jul 2015 | Jul 2015 | Jun 2015 to Jul 2015 |
Value of dwelling commitments(a)(b) |
|
| $m | % change | $m | % change |
| Total dwellings | 32 576 | 0.5 | 32 812 | 1.5 |
| Owner occupied housing | 18 861 | 0.8 | 19 226 | 2.2 |
| Investment housing - fixed loans(c) | 13 715 | 0.1 | 13 587 | 0.5 |
Number of dwelling commitments(a)(b) |
|
| no. | % change | no. | % change |
| Owner occupied housing | 52 696 | -0.2 | 53 095 | 0.3 |
| Construction of dwellings | 5 571 | -0.9 | 5 513 | -0.9 |
| Purchase of new dwellings | 2 761 | 0.5 | 2 765 | 2.0 |
| Purchase of established dwellings | 44 365 | -0.1 | 44 816 | 0.4 |
|
| (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
|
JULY KEY POINTS
VALUE OF DWELLING COMMITMENTS
July 2015 compared with June 2015:
- The trend estimate for the total value of dwelling finance commitments excluding alterations and additions rose 0.5%. Owner occupied housing commitments rose 0.8% and investment housing commitments rose 0.1%.
- In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions rose 1.5%.
NUMBER OF DWELLING COMMITMENTS
July 2015 compared with June 2015:
- In trend terms, the number of commitments for owner occupied housing finance fell 0.2% in July 2015.
- In trend terms, the number of commitments for the construction of dwellings fell 0.9% and 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 0.5%.
- In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments fell to 15.4% in July 2015 from 15.8% in June 2015.
NOTES
FORTHCOMING ISSUES
| ISSUE | Release Date |
| August 2015 | 9 October 2015 |
| September 2015 | 10 November 2015 |
| October 2015 | 9 December 2015 |
| November 2015 | 15 January 2016 |
| December 2015 | 12 February 2016 |
| January 2016 | 9 March 2016 |
REVISIONS
In this issue revisions have been made to the original series as a result of improved reporting of survey and administrative data, and updated first home buyer modelled estimates. These revisions have impacted on:
- First home buyers owner occupied housing for periods June 2013 to June 2015
- Owner occupied housing for periods June 2013 to June 2015
- Investment housing for periods September 2013 to June 2015
- Housing loan outstandings to households; owner-occupied and investment housing: for periods from July 2013 to June 2015
These revisions include improved reporting of housing loans outstanding by a significant lender from July 2014. This resulted in series breaks being applied to the following series at July 2014 in Table 12:
- Banks' housing loan outstandings to owner occupiers and investors
- Total Authorised Deposit-taking Institutions' loan outstandings to owner occupiers and investors.
Periods prior to July 2014 are likely to be subject to future revisions and will be published in future issues of this publication.
FIRST HOME BUYERS
Monthly First Home Buyer Statistics will be subject to future revision, as the modelled component is adjusted to reflect improved reporting by lenders. Information relating to changes to the method of estimating loans to first home buyers, introduced from the December 2014 issue can be found under the First Home Buyers web page and on Page 5 of the PDF.
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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