APRIL KEY FIGURES
 | Trend estimates | Seasonally adjusted estimates | |
| Apr 2007 | Mar 2007 to Apr 2007 | Apr 2007 | Mar 2007 to Apr 2007 | |
| |
| Value of dwelling commitments(a) | $m | % change | $m | % change | |
| Total dwellings | 21 392 | 1.3 | 21 545 | 2.7 | |
| Owner occupied housing | 14 911 | 1.2 | 15 209 | 3.5 | |
| Investment housing - fixed loans(b) | 6 481 | 1.5 | 6 336 | 0.7 | |
| Number of dwelling commitments(a) | no. | % change | no. | % change | |
| Owner occupied housing | 65 023 | 0.7 | 66 016 | 2.2 | |
| Construction of dwellings | 4 544 | -0.2 | 4 513 | -1.4 | |
| Purchase of new dwellings | 2 923 | 1.6 | 2 911 | -2.1 | |
| Purchase of established dwellings | 57 556 | 0.8 | 58 592 | 2.7 | |
| |
| (a) Includes refinancing. |
| (b) Excludes revolving credit. |
Value of dwelling commitments, Total dwellings
| Number of dwelling commitments, Owner occupied housing
|
APRIL KEY POINTS
TREND ESTIMATES
April 2007 COMPARED WITH March 2007:
- Total value of dwelling finance commitments excluding alterations and additions increased by 1.3%. The value of owner occupied housing commitments increased by 1.2%, and the value of investment housing commitments increased by 1.5%.
- The number of commitments for owner occupied housing finance increased by 0.7%, and the number excluding refinancing increased by 1.2%.
SEASONALLY ADJUSTED ESTIMATES
April 2007 COMPARED WITH March 2007:
- Total value of dwelling finance commitments excluding alterations and additions increased 2.7%. Owner occupied housing commitments increased 3.5%, and investment housing commitments increased 0.7%. The number of commitments for owner occupied housing finance increased by 2.2%, and the number excluding refinancing increased by 2.1%.
ORIGINAL ESTIMATES
- The number of first home buyer commitments as a percentage of total owner occupied housing finance commitments increased from 16.6% in March 2007 to 17.2% in April 2007. The number of fixed rate loan commitments as a percentage of total owner occupied housing finance commitments increased from 18.2% in March 2007 to 20.0% in April 2007.
NOTES
FORTHCOMING ISSUES
| ISSUE | Release Date |
| May 2007 | 10 July 2007 |
| June 2007 | 8 August 2007 |
| July 2007 | 7 September 2007 |
| August 2007 | 10 October 2007 |
| September 2007 | 7 November 2007 |
| October 2007 | 10 December 2007 |
REVISIONS
Revisions were made to include the latest available administrative and survey data, including the reclassification of some loans (as foreshadowed in the November and December 2006 issues), and improvements to coverage. The revisions apply from January 2005 onwards, and in original terms, for March 2007:
- increased the number of total housing finance commitments by 1,293 to 68,658;
- increased the value of total housing finance commitments by $196m to $15,633m.
CHANGES TO THIS ISSUE
As announced in both February and March 2007 issues, the format of the data cubes containing seasonally adjustment factors has changed to align with the current standard of excel spreadsheets. The new format is available as Tables 14 and 15.
INQUIRIES
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Michael Abbondante on Canberra (02) 6252 6707.
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