5609.0 - Housing Finance, Australia, Mar 2013 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 13/05/2013   
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MARCH KEY FIGURES

Trend estimates
Seasonally adjusted estimates
Mar 2013
Feb 2013 to Mar 2013
Mar 2013
Feb 2013 to Mar 2013

Value of dwelling commitments(a)(b)
$m
% change
$m
% change
Total dwellings
22 355
1.2
22 983
4.5
Owner occupied housing
14 336
1.1
14 882
5.8
Investment housing - fixed loans(c)
8 020
1.4
8 101
2.1
Number of dwelling commitments(a)(b)
no.
% change
no.
% change
Owner occupied housing
46 225
0.7
48 071
5.2
Construction of dwellings
5 187
1.6
5 333
4.6
Purchase of new dwellings
2 744
2.9
3 080
21.1
Purchase of established dwellings
38 294
0.4
39 658
4.2

(a) Includes refinancing (see Glossary).
(b) Excludes alterations and additions.
(c) Excludes revolving credit.

Value of dwelling commitments, Total dwellings
Graph: Value of dwelling commitments, Total dwellings

No. of dwelling commitments, Owner occupied housing
Graph: No. of dwelling commitments, Owner occupied housing




MARCH KEY POINTS


VALUE OF DWELLING COMMITMENTS

March 2013 compared with February 2013:
  • The trend estimate for the total value of dwelling finance commitments excluding alterations and additions rose 1.2%. Investment housing commitments rose 1.4% and owner occupied housing commitments rose 1.1%.
  • In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions rose 4.5%.


NUMBER OF DWELLING COMMITMENTS

March 2013 compared with February 2013:
  • In trend terms, the number of commitments for owner occupied housing finance rose 0.7%.
  • In trend terms, the number of commitments for the purchase of new dwellings rose 2.9%, the number of commitments for the construction of dwellings rose 1.6% and the number of commitments for the purchase of established dwellings rose 0.4%.
  • In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments fell to 14.2% in March 2013 from 14.4% in February 2013.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
April 2013 11 June 2013
May 2013 12 July 2013
June 2013 7 August 2013
July 2013 9 September 2013
August 2013 14 October 2013
September 2013 11 November 2013



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:
  • Housing loan outstandings to households for February 2013.

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 Tavish Shrestha on Sydney (02) 9268 4615.