MARCH KEY FIGURES
| Trend estimates | Seasonally adjusted estimates |
| Mar 2010 | Feb 2010 to Mar 2010 | Mar 2010 | Feb 2010 to Mar 2010 |
|
Value of dwelling commitments(a)(b) | $m | % change | $m | % change |
Total dwellings | 20 274 | -2.2 | 20 177 | -1.4 |
Owner occupied housing | 13 698 | -3.7 | 13 534 | -3.4 |
Investment housing - fixed loans(c) | 6 576 | 1.1 | 6 644 | 3.0 |
Number of dwelling commitments(a)(b) | no. | % change | no. | % change |
Owner occupied housing | 48 220 | -4.1 | 48 260 | -3.4 |
Construction of dwellings | 6 082 | -4.6 | 5 848 | -7.3 |
Purchase of new dwellings | 2 099 | -3.2 | 2 095 | -3.2 |
Purchase of established dwellings | 40 039 | -4.0 | 40 317 | -2.9 |
|
(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
|
MARCH KEY POINTS
VALUE OF DWELLING COMMITMENTS
March 2010 compared with February 2010:
- In trend terms, the total value of dwelling finance commitments excluding alterations and additions decreased 2.2%. Owner occupied housing commitments fell 3.7%, while investment housing commitments increased 1.1%.
- In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions decreased 1.4%.
NUMBER OF DWELLING COMMITMENTS
March 2010 compared with February 2010:
- In trend terms, the number of commitments for owner occupied housing finance decreased 4.1%.
- In trend terms, the number of commitments for the construction of dwellings decreased 4.6%, the number of commitments for the purchase of established dwellings fell 4.0% and the number of commitments for the purchase of new dwellings fell 3.2%.
- In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments decreased from 18.1% in February 2010 to 16.1% in March 2010.
NOTES
FORTHCOMING ISSUES
ISSUE | Release Date |
April 2010 | 9 June 2010 |
May 2010 | 12 July 2010 |
June 2010 | 9 August 2010 |
July 2010 | 8 September 2010 |
August 2010 | 11 October 2010 |
September 2010 | 10 November 2010 |
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 impact on owner occupied housing for February 2010.
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 Joe Whelan on Canberra (02) 6252 5747.