Australian Bureau of Statistics

Rate this page
ABS Home > Statistics > By Catalogue Number
ABS @ Facebook ABS @ Twitter ABS RSS ABS Email notification service
5609.0 - Housing Finance, Australia, Mar 2015 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 12/05/2015   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

MARCH KEY FIGURES

Trend estimates
Seasonally adjusted estimates
Mar 2015
Feb 2015 to Mar 2015
Mar 2015
Feb 2015 to Mar 2015

Value of dwelling commitments(a)(b)

$m
% change
$m
% change
Total dwellings
31 264
0.8
31 622
3.5
Owner occupied housing
18 623
0.8
18 710
1.6
Investment housing - fixed loans(c)
12 641
0.8
12 913
6.4

Number of dwelling commitments(a)(b)

no.
% change
no.
% change
Owner occupied housing
54 190
0.4
54 686
1.6
Construction of dwellings
5 836
-1.4
5 804
-1.8
Purchase of new dwellings
2 680
-0.1
2 777
2.9
Purchase of established dwellings
45 674
0.7
46 105
2.0

(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




MARCH KEY POINTS


VALUE OF DWELLING COMMITMENTS

March 2015 compared with February 2015:
  • The trend estimate for the total value of dwelling finance commitments excluding alterations and additions rose 0.8%. Owner occupied housing commitments rose 0.8% and investment housing commitments rose 0.8%.
  • In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions rose 3.5%.


NUMBER OF DWELLING COMMITMENTS

March 2015 compared with February 2015:
  • In trend terms, the number of commitments for owner occupied housing finance rose 0.4% in March 2015.
  • In trend terms, the number of commitments for the purchase of established dwellings rose 0.7%, while the number of commitments for the construction of dwellings fell 1.4% and the number of commitments for the purchase of new dwellings fell 0.1%.
  • In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments fell to 14.7% in March 2015 from 15.1% in February 2015.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
April 2015 9 June 2015
May 2015 10 July 2015
June 2015 7 August 2015
July 2015 9 September 2015
August 2015 9 October 2015
September 2015 10 November 2015



REVISIONS

In this issue revisions have been made to the original series as a result of improved reporting of survey and administrative data, and modelled first home buyer estimates. These revisions have impacted on:
  • First home buyers owner occupied housing for periods August 2014 to February 2015
  • Owner occupied housing for periods November 2013 to February 2015
  • Housing loan outstandings to households for owner occupation and investment housing series for the periods April 2009 to December 2009
  • Investment housing for the periods November 2013 to January 2014 and April 2014 to October 2014


FIRST HOME BUYERS

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. Monthly First Home Buyer Statistics are likely to be subject to future revision, as the modelled component is adjusted to reflect improved reporting by lenders.


PRIVACY

The 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.


Bookmark and Share. Opens in a new window

Commonwealth of Australia 2015

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.