JUNE KEY FIGURES
| Trend estimates | Seasonally adjusted estimates |
| Jun 2009 | May 2009 to Jun 2009 | Jun 2009 | May 2009 to Jun 2009 |
|
Value of dwelling commitments(a) | $m | % change | $m | % change |
Total dwellings | 23 333 | 1.8 | 23 137 | 0.3 |
Owner occupied housing | 17 434 | 1.8 | 17 277 | 1.0 |
Investment housing - fixed loans(b) | 5 898 | 1.9 | 5 860 | -1.8 |
Number of dwelling commitments(a) | no. | % change | no. | % change |
Owner occupied housing | 65 332 | 1.4 | 65 151 | 1.1 |
Construction of dwellings | 6 393 | 4.0 | 6 400 | 2.8 |
Purchase of new dwellings | 2 674 | 0.9 | 2 635 | -0.2 |
Purchase of established dwellings | 56 265 | 1.2 | 56 116 | 1.0 |
|
(a) Includes refinancing. |
(b) Excludes revolving credit. |
Value of dwelling commitments, Total dwellings
| No. of dwelling commitments, Owner occupied housing
|
JUNE KEY POINTS
VALUE OF DWELLING COMMITMENTS
June 2009 compared with May 2009:
- In trend terms, the total value of dwelling finance commitments excluding alterations and additions increased 1.8%. Investment housing commitments increased 1.9% and owner occupied housing commitments increased 1.8%.
- In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions increased 0.3%. Owner occupied housing commitments rose 1.0%, which was partially offset by a fall in investment housing commitments, down 1.8%.
NUMBER OF DWELLING COMMITMENTS
June 2009 compared with May 2009:
- In trend terms, the number of commitments for owner occupied housing finance increased 1.4%.
- In trend terms, the number of commitments for the construction of dwellings increased 4.0% and the number of commitments for the purchase of new dwellings increased 0.9%.
- In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments fell, decreasing from 28.5% in May 2009 to 27.1% in June 2009.
- In original terms, the number of fixed rate loan commitments as a percentage of total owner occupied housing finance commitments increased from 6.2% in May 2009 to 8.0% in June 2009.
NOTES
FORTHCOMING ISSUES
ISSUE | Release Date |
July 2009 | 9 September 2009 |
August 2009 | 7 October 2009 |
September 2009 | 9 November 2009 |
October 2009 | 9 December 2009 |
November 2009 | 12 January 2010 |
December 2009 | 10 February 2010 |
REVISIONS
Revisions were made to the original series from September 2008 to May 2009 in this issue. Seasonally adjusted and trend series have been revised as a result of revisions to the original series and the incorporation of estimates for the latest month.
INQUIRIES
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Philip Beresford on Canberra (02) 6252 6052.