JUNE KEY FIGURES
| Trend estimates | Seasonally adjusted estimates |
| Jun 2012 | May 2012 to Jun 2012 | Jun 2012 | May 2012 to Jun 2012 |
|
Value of dwelling commitments(a)(b) | $m | % change | $m | % change |
Total dwellings | 20 397 | 0.0 | 20 724 | 2.4 |
Owner occupied housing | 13 631 | 0.1 | 13 818 | 1.2 |
Investment housing - fixed loans(c) | 6 766 | -0.4 | 6 905 | 4.9 |
Number of dwelling commitments(a)(b) | no. | % change | no. | % change |
Owner occupied housing | 46 413 | -0.1 | 46 859 | 1.3 |
Construction of dwellings | 5 285 | 0.7 | 5 410 | 4.9 |
Purchase of new dwellings | 2 109 | 2.4 | 2 210 | 9.7 |
Purchase of established dwellings | 39 019 | -0.3 | 39 238 | 0.3 |
|
(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
|
JUNE KEY POINTS
VALUE OF DWELLING COMMITMENTS
June 2012 compared with May 2012:
- The trend estimate for the total value of dwelling finance commitments excluding alterations and additions was flat (0.0%). Investment housing commitments fell 0.4%, while owner occupied housing commitments rose 0.1%.
- In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions rose 2.4%.
NUMBER OF DWELLING COMMITMENTS
June 2012 compared with May 2012:
- 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 established dwellings fell 0.3%, while the number of commitments for the purchase of new dwellings rose 2.4% and the number of commitments for the construction of dwellings rose 0.7%.
- In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments rose to 18.3% in June 2012 from 17.8% in May 2012.
NOTES
FORTHCOMING ISSUES
ISSUE | Release Date |
July 2012 | 10 September 2012 |
August 2012 | 15 October 2012 |
September 2012 | 12 November 2012 |
October 2012 | 10 December 2012 |
November 2012 | 14 January 2013 |
December 2012 | 11 February 2013 |
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:
- Investment housing for the period March 2012 to May 2012
- Owner occupied housing for the period March 2012 to May 2012
- Housing loan outstandings to households for April 2012.
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 Tavish Shrestha on Canberra (02) 6252 7392.