• Summary
• Downloads
• Explanatory Notes
• Related Information
• Past Releases

JANUARY KEY FIGURES

	Trend estimates		Seasonally adjusted estimates
	Jan 2009	Dec 2008 to Jan 2009	Jan 2009	Dec 2008 to Jan 2009
Value of dwelling commitments(a)	$m	% change	$m	% change
Total dwellings	18 557	1.4	18 880	0.7
Owner occupied housing	13 614	2.5	13 989	2.3
Investment housing - fixed loans(b)	4 943	-1.6	4 891	-3.8
Number of dwelling commitments(a)	no.	% change	no.	% change
Owner occupied housing	53 713	2.4	55 628	3.5
Construction of dwellings	4 238	2.1	4 401	2.5
Purchase of new dwellings	2 225	5.2	2 256	-1.4
Purchase of established dwellings	47 250	2.2	48 971	3.9
(a) Includes refinancing.
(b) Excludes revolving credit.

Value of dwelling commitments, Total dwellings

No. of dwelling commitments, Owner occupied housing

• In trend terms, the total value of dwelling finance commitments excluding alterations and additions increased 1.4%. Owner occupied housing commitments increased 2.5%, while investment housing commitments decreased 1.6%.
• In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions increased 0.7%. Owner occupied housing commitments increased 2.3%, while investment housing commitments decreased 3.8%.

• In trend terms, the number of commitments for owner occupied housing finance increased 2.4%. The number of commitments for owner occupied housing finance excluding refinancing rose 2.6%.
• In trend terms, the number of commitments for the purchase of new dwellings increased 5.2%.
• In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments increased from 25.7% in December 2008 to 26.5% in January 2009, the highest proportion since the series commenced in 1991.
• In original terms, the number of fixed rate loan commitments as a percentage of total owner occupied housing finance commitments increased from 1.9% in December 2008 to 3.8% in January 2009.