AUGUST KEY FIGURES
| Trend estimates | Seasonally adjusted estimates |
| Aug 2013 | Jul 2013 to Aug 2013 | Aug 2013 | Jul 2013 to Aug 2013 |
|
Value of dwelling commitments(a)(b) | $m | % change | $m | % change |
Total dwellings | 24 081 | 0.5 | 23 835 | -1.2 |
Owner occupied housing | 15 299 | 0.4 | 15 038 | -1.9 |
Investment housing - fixed loans(c) | 8 781 | 0.8 | 8 797 | 0.0 |
Number of dwelling commitments(a)(b) | no. | % change | no. | % change |
Owner occupied housing | 51 275 | 0.6 | 49 912 | -3.9 |
Construction of dwellings | 5 372 | 0.1 | 5 393 | 2.2 |
Purchase of new dwellings | 3 031 | 0.3 | 2 954 | -4.0 |
Purchase of established dwellings | 42 872 | 0.7 | 41 566 | -4.6 |
|
(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
|
AUGUST KEY POINTS
VALUE OF DWELLING COMMITMENTS
August 2013 compared with July 2013:
- The trend estimate for the total value of dwelling finance commitments excluding alterations and additions rose 0.5%. Investment housing commitments rose 0.8% and owner occupied housing commitments rose 0.4%.
- In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions fell 1.2%.
NUMBER OF DWELLING COMMITMENTS
August 2013 compared with July 2013:
- In trend terms, the number of commitments for owner occupied housing finance rose 0.6%.
- In trend terms, the number of commitments for the purchase of established dwellings rose 0.7%, the number of commitments for the purchase of new dwellings rose 0.3% and the number of commitments for the construction of dwellings rose 0.1%.
- In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments fell to 13.7% in August 2013 from 14.7% in July 2013.
NOTES
FORTHCOMING ISSUES
ISSUE | Release Date |
September 2013 | 11 November 2013 |
October 2013 | 10 December 2013 |
November 2013 | 13 January 2014 |
December 2013 | 11 February 2014 |
January 2014 | 12 March 2014 |
February 2014 | 9 April 2014 |
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:
- Owner occupied housing for July 2013
- Investment housing for July 2013
- Housing loan outstandings to households for the periods January 2008 to February 2009 and June 2013 to July 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 Elaine Lau on Sydney (02) 9268 4067.