SEPTEMBER KEY FIGURES
 | Trend estimates | | Seasonally adjusted estimates |
| Sep 2007 | Aug 2007
to Sep 2007 | | Sep 2007 | Aug 2007
to Sep 2007 |
|
| Value of dwelling commitments(a) | $m | % change | | $m | % change |
| Total dwellings | 22 372 | -0.7 | | 21 602 | -2.7 |
| Owner occupied housing | 15 265 | -0.7 | | 14 895 | -2.5 |
| Investment housing - fixed loans(b) | 7 107 | -0.6 | | 6 706 | -3.3 |
| Number of dwelling commitments(a) | no. | % change | | no. | % change |
| Owner occupied housing | 63 499 | -0.9 | | 62 696 | -2.4 |
| Construction of dwellings | 4 655 | 0.5 | | 4 710 | 1.4 |
| Purchase of new dwellings | 3 058 | -0.4 | | 2 965 | -3.5 |
| Purchase of established dwellings | 55 786 | -1.1 | | 55 021 | -2.7 |
|
| (a) Includes refinancing. |
| (b) Excludes revolving credit. |
Value of dwelling commitments, Total dwellings
| Number of dwelling commitments, Owner occupied housing
|
SEPTEMBER KEY POINTS
TREND ESTIMATES
September 2007 COMPARED WITH August 2007:
- Total value of dwelling finance commitments excluding alterations and additions decreased by 0.7%. The value of owner occupied housing commitments decreased by 0.7%, while the value of investment housing commitments decreased by 0.6%.
- The number of commitments for owner occupied housing finance decreased by 0.9% and the number excluding refinancing decreased by 0.8%.
SEASONALLY ADJUSTED ESTIMATES
September 2007 COMPARED WITH August 2007:
- Total value of dwelling finance commitments excluding alterations and additions decreased 2.7%. Owner occupied housing commitments decreased 2.5%, while investment housing commitments decreased 3.3%.
- The number of commitments for owner occupied housing finance decreased by 2.4% and the number excluding refinancing decreased by 2.5%.
- The number of commitments for owner occupied dwellings financed by wholesale lenders n.e.c. decreased by 12.6%.
ORIGINAL ESTIMATES
- The number of first home buyer commitments as a percentage of total owner occupied housing finance commitments increased from 17.2% in August 2007 to 17.7% in September 2007.
NOTES
FORTHCOMING ISSUES
| ISSUE | Release Date |
| October 2007 | 10 December 2007 |
| November 2007 | 16 January 2008 |
| December 2007 | 11 February 2008 |
| January 2008 | 11 March 2008 |
| February 2008 | 14 April 2008 |
| March 2008 | 12 May 2008 |
REVISIONS
Revisions were made to include the latest available administrative and survey data.
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.
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