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
| 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.
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