SEPTEMBER KEY FIGURES
 | Trend estimates | Seasonally adjusted estimates |
| Sep 2018 | Aug 2018 to Sep 2018 | Sep 2018 | Aug 2018 to Sep 2018 |
Value of dwelling commitments(a)(b) |
|
| $m | % change | $m | % change |
| Total dwellings | 29 927 | –1.1 | 29 118 | –3.8 |
| Owner occupied housing | 20 037 | –1.2 | 19 367 | –4.2 |
| Investment housing - fixed loans(c) | 9 890 | –0.9 | 9 751 | –2.8 |
Number of dwelling commitments(a)(b) |
|
| no. | % change | no. | % change |
| Owner occupied housing | 51 167 | –0.5 | 50 673 | –1.0 |
| Construction of dwellings | 5 538 | –1.0 | 5 310 | –3.5 |
| Purchase of new dwellings | 2 566 | –1.7 | 2 539 | –3.9 |
| Purchase of established dwellings | 43 062 | –0.4 | 42 824 | –0.5 |
|
| (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
|
SEPTEMBER KEY POINTS
VALUE OF DWELLING COMMITMENTS
September 2018 compared with August 2018:
- The trend estimate for the total value of dwelling finance commitments excluding alterations and additions fell 1.1%. Owner occupied housing commitments fell 1.2% and investment housing commitments fell 0.9%.
- In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions fell 3.8%.
NUMBER OF DWELLING COMMITMENTS
September 2018 compared with August 2018:
- In trend terms, the number of commitments for owner occupied housing finance fell 0.5% in September 2018.
- In trend terms, the number of commitments for the purchase of new dwellings fell 1.7%, the number of commitments for the construction of dwellings fell 1.0% and the number of commitments for the purchase of established dwellings fell 0.4%.
- In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments rose to 18.0% in September 2018 from 17.8% in August 2018.
NOTES
FORTHCOMING ISSUES
| ISSUE | Release Date |
| October 2018 | 10 December 2018 |
| November 2018 | 17 January 2019 |
| December 2018 | 12 February 2019 |
FORTHCOMING CHANGES
The ABS is combining
Housing Finance, Australia (5609.0) and
Lending Finance, Australia (5671.0) into a single, simpler publication called
Lending to Households and Businesses, Australia (5601.0). An information paper which outlines the forthcoming changes in more detail and outlines the format of the new publication, as well as providing historical data in the new table structures, will be released no less than one month prior to release of the new publication. Some of the data currently published in the two publications will no longer be published in the new consolidated publication, however, some existing outputs will be further disaggregated. New analytical series will also be added with the inclusion of seasonally adjusted and trend estimates for more data items.
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 affected the following series:
- Owner occupied housing for the periods July 2018 and August 2018.
- Investment housing for the period August 2018.
- Housing loan outstandings to households for owner occupation series for the periods June 2018 to August 2018 and investment housing series for the periods July 2018 and August 2018.
PRIVACY
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ABS Privacy Policy outlines how the ABS will handle any personal information that you provide to the ABS.
INQUIRIES
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070.
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