DECEMBER KEY FIGURES
 | Trend estimates | Seasonally adjusted estimates |
| Dec 2009 | Nov 2009 to Dec 2009 | Dec 2009 | Nov 2009 to Dec 2009 |
|
| Value of dwelling commitments(a)(b) | $m | % change | $m | % change |
| Total dwellings | 22 481 | -0.7 | 21 900 | -2.8 |
| Owner occupied housing | 16 157 | -1.4 | 15 526 | -4.7 |
| Investment housing - fixed loans(c) | 6 324 | 1.1 | 6 375 | 1.9 |
| Number of dwelling commitments(a)(b) | no. | % change | no. | % change |
| Owner occupied housing | 58 359 | -2.3 | 55 632 | -5.5 |
| Construction of dwellings | 7 439 | 0.6 | 6 909 | -6.4 |
| Purchase of new dwellings | 2 521 | -1.4 | 2 521 | 3.0 |
| Purchase of established dwellings | 48 399 | -2.8 | 46 202 | -5.7 |
|
| (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
|
DECEMBER KEY POINTS
VALUE OF DWELLING COMMITMENTS
December 2009 compared with November 2009:
- In trend terms, the total value of dwelling finance commitments excluding alterations and additions decreased 0.7%. Owner occupied housing commitments fell 1.4%, while investment housing commitments increased 1.1%.
- In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions decreased 2.8%.
NUMBER OF DWELLING COMMITMENTS
December 2009 compared with November 2009:
- In trend terms, the number of commitments for owner occupied housing finance decreased 2.3%.
- In trend terms, the number of commitments for the construction of dwellings increased 0.6%, while the number of commitments for the purchase of new dwellings fell 1.4%.
- In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments decreased from 22.1% in November 2009 to 21.0% in December 2009.
- In original terms, the number of fixed rate loan commitments as a percentage of total owner occupied housing finance commitments decreased from 3.4% in November 2009 to 3.0% in December 2009.
NOTES
FORTHCOMING ISSUES
| ISSUE | Release Date |
| January 2010 | 10 March 2010 |
| February 2010 | 12 April 2010 |
| March 2010 | 12 May 2010 |
| April 2010 | 9 June 2010 |
| May 2010 | 12 July 2010 |
| June 2010 | 9 August 2010 |
CHANGES IN THIS ISSUE
The seasonally adjusted and trend estimates in this publication have been revised as a result of the annual seasonal reanalysis which reviews the seasonal and trading day factors in more detail than possible in the monthly processing cycle.
REVISIONS
In this issue revisions have been made to the original series for investment housing for the period May 2008 to November 2008.
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 annual seasonal reanalysis and 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 Joe Whelan on Canberra (02) 6252 5747.
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