SEPTEMBER KEY FIGURES
| Trend estimates | Seasonally adjusted estimates |
| Sep 2016 | Aug 2016 to Sep 2016 | Sep 2016 | Aug 2016 to Sep 2016 |
Value of dwelling commitments(a)(b) |
|
| $m | % change | $m | % change |
Total dwellings | 32 064 | 0.2 | 32 301 | 2.3 |
Owner occupied housing | 19 847 | -0.5 | 19 885 | 0.9 |
Investment housing - fixed loans(c) | 12 217 | 1.3 | 12 416 | 4.6 |
Number of dwelling commitments(a)(b) |
|
| no. | % change | no. | % change |
Owner occupied housing | 54 313 | -1.0 | 54 449 | 1.6 |
Construction of dwellings | 5 588 | -0.4 | 5 588 | -0.8 |
Purchase of new dwellings | 2 655 | 0.0 | 2 651 | 0.9 |
Purchase of established dwellings | 46 069 | -1.1 | 46 210 | 2.0 |
|
(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
|
SEPTEMBER KEY POINTS
VALUE OF DWELLING COMMITMENTS
September 2016 compared with August 2016:
- The trend estimate for the total value of dwelling finance commitments excluding alterations and additions rose 0.2%. Investment housing commitments rose 1.3%, while owner occupied housing commitments fell 0.5%.
- In seasonally adjusted terms, the total value of dwelling finance commitments, excluding alterations and additions rose 2.3%.
NUMBER OF DWELLING COMMITMENTS
September 2016 compared with August 2016:
- In trend terms, the number of commitments for owner occupied housing finance fell 1.0% in September 2016.
- In trend terms, the number of commitments for the purchase of established dwellings fell 1.1%, the number of commitments for the construction of dwellings fell 0.4%, while the number of commitments for the purchase of new dwellings was flat.
- In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments fell to 13.1% in September 2016, from 13.2% in August 2016.
NOTES
FORTHCOMING ISSUES
ISSUE | Release Date |
October 2016 | 9 December 2016 |
November 2016 | 17 January 2017 |
December 2016 | 10 February 2017 |
January 2017 | 10 March 2017 |
February 2017 | 10 April 2017 |
March 2017 | 15 May 2017 |
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 affected the following series:
- Owner-occupied and investment housing for August 2016.
- First Home Buyers, % of all dwellings financed for August 2016.
- Housing loan outstandings to households for August 2016.
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