JUNE KEY FIGURES
| Trend estimates | Seasonally adjusted estimates | |
| Jun 2007 | May 2007
to Jun 2007 | Jun 2007 | May 2007
to Jun 2007 | |
| |
Value of dwelling commitments(a) | $m | % change | $m | % change | |
Total dwellings | 23 189 | 2.6 | 24 390 | 9.2 | |
Owner occupied housing | 15 781 | 2.0 | 16 288 | 6.6 | |
Investment housing - fixed loans(b) | 7 408 | 3.9 | 8 102 | 14.8 | |
Number of dwelling commitments(a) | no. | % change | no. | % change | |
Owner occupied housing | 66 531 | 0.8 | 66 763 | 1.1 | |
Construction of dwellings | 4 575 | 0.2 | 4 660 | 3.2 | |
Purchase of new dwellings | 3 084 | 1.9 | 3 159 | 5.7 | |
Purchase of established dwellings | 58 872 | 0.8 | 58 944 | 0.7 | |
| |
(a) Includes refinancing. |
(b) Excludes revolving credit. |
Value of dwelling commitments, Total dwellings
| Number of dwelling commitments, Owner occupied housing
|
JUNE KEY POINTS
TREND ESTIMATES
June 2007 COMPARED WITH May 2007:
- Total value of dwelling finance commitments excluding alterations and additions increased by 2.6%. The value of owner occupied housing commitments increased by 2.0%, while the value of investment housing commitments increased by 3.9%.
- The number of commitments for owner occupied housing finance increased by 0.8%, while the number excluding refinancing increased by 1.4%.
SEASONALLY ADJUSTED ESTIMATES
June 2007 COMPARED WITH May 2007:
- Total value of dwelling finance commitments excluding alterations and additions increased 9.2%. Owner occupied housing commitments increased 6.6%, and investment housing commitments increased 14.8%.
- The number of commitments for owner occupied housing finance increased by 1.1%, and the number excluding refinancing increased by 2.2%.
ORIGINAL ESTIMATES
- The number of first home buyer commitments as a percentage of total owner occupied housing finance commitments increased from 16.6% in May 2007 to 16.7% in June 2007.
- The number of fixed rate loan commitments as a percentage of total owner occupied housing finance commitments decreased from 17.4% in May 2007 to 17.0% in June 2007.
NOTES
FORTHCOMING ISSUES
ISSUE | Release Date |
July 2007 | 10 September 2007 |
August 2007 | 10 October 2007 |
September 2007 | 7 November 2007 |
October 2007 | 10 December 2007 |
November 2007 | 16 January 2008 |
December 2007 | 11 February 2008 |
REVISIONS
Revisions were made to include the latest available administrative and survey data.
CHANGES TO THE FORTHCOMING ISSUE
The release date of the July 2007 issue of Housing Finance (5609.0) has changed due to the declaration of a public holiday for metropolitan Sydney on 7 September 2007 in response to the APEC Summit. The new release date has been set for Monday 10 September 2007.
INQUIRIES
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Michael Abbondante on Canberra (02) 6252 6707.