JANUARY KEY FIGURES
 | Trend estimates | Seasonally adjusted estimates |
| Jan 2010 | Dec 2009 to Jan 2010 | Jan 2010 | Dec 2009 to Jan 2010 |
|
| Value of dwelling commitments(a)(b) | $m | % change | $m | % change |
| Total dwellings | 21 773 | -1.4 | 21 159 | -3.3 |
| Owner occupied housing | 15 366 | -2.4 | 14 737 | -5.0 |
| Investment housing - fixed loans(c) | 6 407 | 1.0 | 6 422 | 0.9 |
| Number of dwelling commitments(a)(b) | no. | % change | no. | % change |
| Owner occupied housing | 54 148 | -3.6 | 51 056 | -7.9 |
| Construction of dwellings | 7 078 | -1.4 | 6 607 | -3.9 |
| Purchase of new dwellings | 2 308 | -3.5 | 2 146 | -13.2 |
| Purchase of established dwellings | 44 762 | -4.0 | 42 303 | -8.2 |
|
| (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
|
JANUARY KEY POINTS
VALUE OF DWELLING COMMITMENTS
January 2010 compared with December 2009:
- In trend terms, the total value of dwelling finance commitments excluding alterations and additions decreased 1.4%. Owner occupied housing commitments fell 2.4%, while investment housing commitments increased 1.0%.
- In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions decreased 3.3%.
NUMBER OF DWELLING COMMITMENTS
January 2010 compared with December 2009:
- In trend terms, the number of commitments for owner occupied housing finance decreased 3.6%.
- In fixed terms, the number of commitments for the purchases of established dwellings fell 4.0%, the number of commitments for the purchase of new dwellings fell 3.5% and the number of commitments for the construction of dwellings decreased 1.4%.
- In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments decreased from 21.0% in December 2009 to 20.5% in January 2010.
NOTES
FORTHCOMING ISSUES
| ISSUE | Release Date |
| February 2010 | 12 April 2010 |
| March 2010 | 12 May 2010 |
| April 2010 | 9 June 2010 |
| May 2010 | 12 July 2010 |
| June 2010 | 9 August 2010 |
| July 2010 | 8 September 2010 |
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 impact on:
- Investment housing for the period December 2006 to April 2008,
- The Securitisation vehicles and other lenders components of housing loan outstandings for the period September 2005 to September 2009.
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 Michael Calabro on Canberra (02) 6252 7039.
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