Australian Bureau of Statistics

Rate the ABS website
ABS Home > Statistics > By Release Date
ABS @ Facebook ABS @ Twitter ABS RSS ABS Email notification service
5609.0 - Housing Finance, Australia, Nov 2009 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 12/01/2010   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

NOVEMBER KEY FIGURES

Trend estimates
Seasonally adjusted estimates
Nov 2009
Oct 2009 to Nov 2009
Nov 2009
Oct 2009 to Nov 2009

Value of dwelling commitments(a)(b)
$m
% change
$m
% change
Total dwellings
23 082
0.0
22 822
-1.6
Owner occupied housing
16 842
-0.4
16 537
-2.9
Investment housing - fixed loans(c)
6 239
0.8
6 284
2.1
Number of dwelling commitments(a)(b)
no.
% change
no.
% change
Owner occupied housing
61 596
-1.1
59 516
-5.6
Construction of dwellings
7 671
2.8
7 485
-6.5
Purchase of new dwellings
2 571
-1.3
2 456
-5.1
Purchase of established dwellings
51 354
-1.6
49 574
-5.4

(a) Includes refinancing (see Glossary).
(b) Excludes alterations and additions.
(c) Excludes revolving credit.

Value of dwelling commitments, Total dwellings
Graph: Value of dwelling commitments, Total dwellings

No. of dwelling commitments, Owner occupied housing
Graph: No. of dwelling commitments, Owner occupied housing




NOVEMBER KEY POINTS


VALUE OF DWELLING COMMITMENTS

November 2009 compared with October 2009:
  • In trend terms, the total value of dwelling finance commitments excluding alterations and additions remained flat. Investment housing commitments increased 0.8%, while owner occupied housing commitments fell 0.4%.
  • In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions decreased 1.6%.


NUMBER OF DWELLING COMMITMENTS

November 2009 compared with October 2009:
  • In trend terms, the number of commitments for owner occupied housing finance decreased 1.1%.
  • In trend terms, the number of commitments for the construction of dwellings increased 2.8%, while the number of commitments for the purchase of new dwellings fell 1.3%.
  • In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments fell, decreasing from 26.0% in October 2009 to 22.1% in November 2009.
  • In original terms, the number of fixed rate loan commitments as a percentage of total owner occupied housing finance commitments decreased from 4.7% in October 2009 to 3.4% in November 2009.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
December 2009 10 February 2010
January 2010 10 March 2010
February 2010 12 April 2010
March 2010 12 May 2010
April 2010 9 June 2010
May 2010 12 July 2010



REVISIONS

Revisions were made to the original series for October 2009 in this issue. 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 under 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.


Bookmark and Share. Opens in a new window

Commonwealth of Australia 2014

Unless otherwise noted, content on this website is licensed under a Creative Commons Attribution 2.5 Australia Licence together with any terms, conditions and exclusions as set out in the website Copyright notice. For permission to do anything beyond the scope of this licence and copyright terms contact us.