Australian Bureau of Statistics

Rate the ABS website
ABS Home > Statistics > By Release Date
ABS @ Facebook ABS @ Twitter ABS RSS ABS Email notification service
5609.0 - Housing Finance, Australia, Jan 2014 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 12/03/2014   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

JANUARY KEY FIGURES

Trend estimates
Seasonally adjusted estimates
Jan 2014
Dec 2013 to Jan 2014
Jan 2014
Dec 2013 to Jan 2014

Value of dwelling commitments(a)(b)
$m
% change
$m
% change
Total dwellings
27 281
1.2
26 864
-0.4
Owner occupied housing
16 612
0.9
16 528
1.5
Investment housing - fixed loans(c)
10 669
1.6
10 335
-3.3
Number of dwelling commitments(a)(b)
no.
% change
no.
% change
Owner occupied housing
51 637
-0.1
51 054
0.0
Construction of dwellings
5 914
1.8
6 081
5.8
Purchase of new dwellings
2 786
-1.4
2 764
-1.0
Purchase of established dwellings
42 937
-0.3
42 208
-0.7

(a) Includes refinancing (see Glossary).
(b) Excludes alterations and additions.
(c) Excludes revolving credit.

Value of dwelling commitments, Total dwellings
Graph: Value of dwelling commitments, Total dwellings

No. of dwelling commitments, Owner occupied housing
Graph: No. of dwelling commitments, Owner occupied housing




JANUARY KEY POINTS


VALUE OF DWELLING COMMITMENTS

January 2014 compared with December 2013:
  • The trend estimate for the total value of dwelling finance commitments excluding alterations and additions rose 1.2%. Investment housing commitments rose 1.6% and owner occupied housing commitments rose 0.9%.
  • In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions fell 0.4%.


NUMBER OF DWELLING COMMITMENTS

January 2014 compared with December 2013:
  • In trend terms, the number of commitments for owner occupied housing finance fell 0.1%.
  • In trend terms, the number of commitments for the purchase of new dwellings fell 1.4% and the number of commitments for the purchase of established dwellings fell 0.3% while the number of commitments for the construction of dwellings rose 1.8%.
  • In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments rose to 13.2% in January 2014 from 12.7% in December 2013.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
February 2014 9 April 2014
March 2014 13 May 2014
April 2014 10 June 2014
May 2014 11 July 2014
June 2014 8 August 2014
July 2014 9 September 2014



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 values for the periods December 2012 to December 2013
  • Investment housing values for the period December 2013
  • Housing loan outstandings to households for each of the quarters between December 2008 to June 2010 inclusive, and September 2013.

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 Mohammad Mustafa on Sydney (02) 9268 4378.


Bookmark and Share. Opens in a new window

Commonwealth of Australia 2014

Unless otherwise noted, content on this website is licensed under a Creative Commons Attribution 2.5 Australia Licence together with any terms, conditions and exclusions as set out in the website Copyright notice. For permission to do anything beyond the scope of this licence and copyright terms contact us.