This product has been replaced by Lending to Households and Businesses, Australia (5601.0).

NOVEMBER KEY FIGURES

	Trend estimates		Seasonally adjusted estimates
	Nov 2018	Oct 2018 to Nov 2018	Nov 2018	Oct 2018 to Nov 2018
Value of dwelling commitments(a)(b)
	$m	% change	$m	% change
Total dwellings	29 235	-1.1	29 129	-2.5
Owner occupied housing	19 726	-1.0	19 795	-1.4
Investment housing - fixed loans(c)	9 509	-1.5	9 334	-4.5
Number of dwelling commitments(a)(b)
	no.	% change	no.	% change
Owner occupied housing	51 920	-0.2	51 967	-0.9
Construction of dwellings	5 648	-0.9	5 622	-2.0
Purchase of new dwellings	2 548	-0.6	2 619	3.4
Purchase of established dwellings	43 724	-0.1	43 726	-1.1
(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

NOVEMBER KEY POINTS


VALUE OF DWELLING COMMITMENTS

November 2018 compared with October 2018:

• The trend estimate for the total value of dwelling finance commitments excluding alterations and additions fell 1.1%. Owner occupied housing commitments fell 1.0% and investment housing commitments fell 1.5%.
• In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions fell 2.5%.

NUMBER OF DWELLING COMMITMENTS

November 2018 compared with October 2018:

• In trend terms, the number of commitments for owner occupied housing finance fell 0.2% in November 2018.
• In trend terms, the number of commitments for the construction of dwellings fell 0.9%, the number of commitments for the purchase of new dwellings fell 0.6% and the number of commitments for the purchase of established dwellings fell 0.1%.
• In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments rose to 18.3% in November 2018 from 18.1% in October 2018.

NOTES

FORTHCOMING ISSUES

ISSUE	Release Date
No forthcoming issue

CESSATION OF HOUSING FINANCE, AUSTRALIA (5609.0) AND LENDING FINANCE, AUSTRALIA (5671.0)

November 2018 is the final issue of the Housing Finance, Australia (5609.0) and Lending Finance, Australia (5671.0) publications. Both publications will be combined into a single, simpler publication called Lending to Households and Businesses, Australia (5601.0). An information paper Information Paper: Forthcoming Changes to Monthly Finance Statistics (2018) (5601.0.55.001) was released on 11 January 2019, which outlines both the forthcoming changes in more detail and the format of the new publication, as well as providing historical data in the new table structures. In the new publication, some of the data currently published in the two publications will no longer be published, however, some existing outputs will be further disaggregated. New analytical series will also be added with the inclusion of seasonally adjusted and trend estimates for more data items. This new consolidated publication will be released on 12 February 2019.


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