JANUARY KEY FIGURES
| Trend estimates | Seasonally adjusted estimates |
| Jan 2012 | Dec 2011 to Jan 2012 | Jan 2012 | Dec 2011 to Jan 2012 |
|
Value of dwelling commitments(a)(b) | $m | % change | $m | % change |
Total dwellings | 20 808 | 0.6 | 20 732 | -2.3 |
Owner occupied housing | 14 075 | 0.8 | 14 153 | 0.1 |
Investment housing - fixed loans(c) | 6 733 | 0.2 | 6 579 | -7.1 |
Number of dwelling commitments(a)(b) | no. | % change | no. | % change |
Owner occupied housing | 48 088 | 0.8 | 47 768 | -1.2 |
Construction of dwellings | 4 943 | 0.4 | 4 990 | 0.2 |
Purchase of new dwellings | 2 009 | 0.0 | 1 953 | -6.0 |
Purchase of established dwellings | 41 136 | 0.9 | 40 825 | -1.2 |
|
(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 2012 compared with December 2011:
- The trend estimate for the total value of dwelling finance commitments excluding alterations and additions rose 0.6%. Owner occupied housing commitments rose 0.8% and investment housing commitments rose 0.2%.
- In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions fell 2.3%.
NUMBER OF DWELLING COMMITMENTS
January 2012 compared with December 2011:
- In trend terms, the number of commitments for owner occupied housing finance rose 0.8%.
- In trend terms, the number of commitments for the purchase of established dwellings rose 0.9% and the number of commitments for the construction of dwellings rose 0.4%, while the number of commitments for the purchase of new dwellings was flat 0.0%.
- In seasonally adjusted terms, the number of commitments for owner occupied housing finance fell 1.2%.
- In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments fell to 20.3% in January 2012 from 20.9% in December 2011.
NOTES
FORTHCOMING ISSUES
ISSUE | Release Date |
February 2012 | 11 April 2012 |
March 2012 | 14 May 2012 |
April 2012 | 8 June 2012 |
May 2012 | 11 July 2012 |
June 2012 | 8 August 2012 |
July 2012 | 10 September 2012 |
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 for the periods October 2011 to December 2011
- Housing loan outstandings to households for owner occupation series for the periods December 2005 to June 2006, March 2007 to June 2007 and September 2010 to September 2011.
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 Andriy Opryshko on Canberra (02) 6252 5223.