5609.0 - Housing Finance, Australia, Apr 2010 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 09/06/2010   
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APRIL KEY FIGURES

Trend estimates
Seasonally adjusted estimates
Apr 2010
Mar 2010 to Apr 2010
Apr 2010
Mar 2010 to Apr 2010

Value of dwelling commitments(a)(b)
$m
% change
$m
% change
Total dwellings
21 322
-0.8
21 701
0.8
Owner occupied housing
13 476
-2.4
13 707
0.6
Investment housing - fixed loans(c)
7 845
2.0
7 993
1.3
Number of dwelling commitments(a)(b)
no.
% change
no.
% change
Owner occupied housing
47 077
-2.8
47 669
-1.8
Construction of dwellings
5 612
-5.1
5 507
-4.8
Purchase of new dwellings
2 148
-1.0
2 262
6.3
Purchase of established dwellings
39 317
-2.5
39 900
-1.8

(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




APRIL KEY POINTS


VALUE OF DWELLING COMMITMENTS

April 2010 compared with March 2010:
  • In trend terms, the total value of dwelling finance commitments excluding alterations and additions decreased 0.8%. Owner occupied housing commitments fell 2.4%, while investment housing commitments increased 2.0%.
  • In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions increased 0.8%.


NUMBER OF DWELLING COMMITMENTS

April 2010 compared with March 2010:
  • In trend terms, the number of commitments for owner occupied housing finance decreased 2.8%.
  • In trend terms, the number of commitments for the construction of dwellings decreased 5.1%, the number of commitments for the purchase of established dwellings fell 2.5% and the number of commitments for the purchase of new dwellings fell 1.0%.
  • In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments increased from 15.9% in March 2010 to 16.3% in April 2010.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
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
October 2010 8 December 2010



REVISIONS

In this issue revisions have been made to the following original series:
  • Owner occupied housing for March 2010;
  • Investment housing for the period October 2003 to March 2010; and
  • Securitisation vehicles and Other lenders in Table 12 from June quarter 2006.

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 Wolfgang Hertel on Canberra (02) 6252 7883.