JULY KEY FIGURES
| Trend estimates | Seasonally adjusted estimates |
| Jul 2010 | Jun 2010 to Jul 2010 | Jul 2010 | Jun 2010 to Jul 2010 |
|
Value of dwelling commitments(a)(b) | $m | % change | $m | % change |
Total dwellings | 20 759 | 0.0 | 20 854 | 0.7 |
Owner occupied housing | 13 478 | 0.3 | 13 761 | 2.3 |
Investment housing - fixed loans(c) | 7 281 | -0.5 | 7 093 | -2.3 |
Number of dwelling commitments(a)(b) | no. | % change | no. | % change |
Owner occupied housing | 46 974 | 0.0 | 47 511 | 1.7 |
Construction of dwellings | 4 913 | -3.0 | 4 983 | -0.7 |
Purchase of new dwellings | 2 337 | 1.7 | 2 326 | 1.5 |
Purchase of established dwellings | 39 723 | 0.2 | 40 202 | 2.0 |
|
(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
|
JULY KEY POINTS
VALUE OF DWELLING COMMITMENTS
July 2010 compared with June 2010:
- The trend estimate for the total value of dwelling finance commitments excluding alterations and additions was flat (0.0%). Investment housing commitments fell 0.5%, while owner occupied housing commitments rose 0.3%.
- In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions rose 0.7%.
NUMBER OF DWELLING COMMITMENTS
July 2010 compared with June 2010:
- In trend terms, the number of commitments for owner occupied housing finance was flat (0.0%).
- In trend terms, the number of commitments for the construction of dwellings fell 3.0%, while the number of commitments for the purchase of new dwellings rose 1.7% and the number of commitments for the purchase of established dwellings rose 0.2%.
- In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments rose from 16.0% in June 2010 to 16.1% in July 2010.
NOTES
FORTHCOMING ISSUES
ISSUE | Release Date |
August 2010 | 11 October 2010 |
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 |
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 impact on:
- Owner occupied and investment housing for June 2010; and
- Housing loan outstandings to households for the period December 2008 to June 2010, apart from September and October 2009.
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 Joe Whelan on Canberra (02) 6252 5747.