AUGUST KEY FIGURES
 | Trend estimates | Seasonally adjusted estimates |
| Aug 2010 | Jul 2010 to Aug 2010 | Aug 2010 | Jul 2010 to Aug 2010 |
|
| Value of dwelling commitments(a)(b) | $m | % change | $m | % change |
| Total dwellings | 20 279 | 0.0 | 20 147 | -1.3 |
| Owner occupied housing | 13 547 | 0.6 | 13 635 | 0.0 |
| Investment housing - fixed loans(c) | 6 732 | -1.3 | 6 512 | -3.9 |
| Number of dwelling commitments(a)(b) | no. | % change | no. | % change |
| Owner occupied housing | 46 967 | 0.3 | 47 540 | 1.0 |
| Construction of dwellings | 4 693 | -1.9 | 4 760 | -1.0 |
| Purchase of new dwellings | 2 253 | 0.3 | 2 205 | -2.0 |
| Purchase of established dwellings | 40 022 | 0.6 | 40 575 | 1.4 |
|
| (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
|
AUGUST KEY POINTS
VALUE OF DWELLING COMMITMENTS
August 2010 compared with July 2010:
- The trend estimate for the total value of dwelling finance commitments excluding alterations and additions was flat (0.0%). Investment housing commitments fell 1.3%, while owner occupied housing commitments rose 0.6%.
- In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions fell 1.3%.
NUMBER OF DWELLING COMMITMENTS
August 2010 compared with July 2010:
- In trend terms, the number of commitments for owner occupied housing finance rose 0.3%.
- In trend terms, the number of commitments for the construction of dwellings fell 1.9%, while the number of commitments for the purchase of established dwellings rose 0.6% and the number of commitments for the purchase of new dwellings rose 0.3%.
- In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments fell from 15.9% in July 2010 to 15.5% in August 2010.
NOTES
FORTHCOMING ISSUES
| ISSUE | Release Date |
| September 2010 | 10 November 2010 |
| October 2010 | 8 December 2010 |
| November 2010 | 12 January 2011 |
| December 2010 | 14 February 2011 |
| January 2011 | 9 March 2011 |
| February 2011 | 6 April 2011 |
REVISIONS
In this issue revisions have been made to the original series as a result of improved reporting of administrative and survey data. These revisions impact on:
- Owner occupied and investment housing for the period December 2009 to July 2010; and
- Housing loan outstandings to households for the period February 2010 to July 2010.
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 Wolfgang Hertel on Canberra (02) 6252 7883.
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