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, Apr 2007  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 08/06/2007   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

APRIL KEY FIGURES

Trend estimates
Seasonally adjusted estimates
Apr 2007
Mar 2007 to Apr 2007
Apr 2007
Mar 2007 to Apr 2007

Value of dwelling commitments(a)
$m
% change
$m
% change
Total dwellings
21 392
1.3
21 545
2.7
Owner occupied housing
14 911
1.2
15 209
3.5
Investment housing - fixed loans(b)
6 481
1.5
6 336
0.7
Number of dwelling commitments(a)
no.
% change
no.
% change
Owner occupied housing
65 023
0.7
66 016
2.2
Construction of dwellings
4 544
-0.2
4 513
-1.4
Purchase of new dwellings
2 923
1.6
2 911
-2.1
Purchase of established dwellings
57 556
0.8
58 592
2.7

(a) Includes refinancing.
(b) Excludes revolving credit.

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

Number of dwelling commitments, Owner occupied housing
Graph: Number of dwelling commitments, Owner occupied housing



APRIL KEY POINTS


TREND ESTIMATES

April 2007 COMPARED WITH March 2007:

  • Total value of dwelling finance commitments excluding alterations and additions increased by 1.3%. The value of owner occupied housing commitments increased by 1.2%, and the value of investment housing commitments increased by 1.5%.
  • The number of commitments for owner occupied housing finance increased by 0.7%, and the number excluding refinancing increased by 1.2%.


SEASONALLY ADJUSTED ESTIMATES

April 2007 COMPARED WITH March 2007:
  • Total value of dwelling finance commitments excluding alterations and additions increased 2.7%. Owner occupied housing commitments increased 3.5%, and investment housing commitments increased 0.7%. The number of commitments for owner occupied housing finance increased by 2.2%, and the number excluding refinancing increased by 2.1%.


ORIGINAL ESTIMATES
  • The number of first home buyer commitments as a percentage of total owner occupied housing finance commitments increased from 16.6% in March 2007 to 17.2% in April 2007. The number of fixed rate loan commitments as a percentage of total owner occupied housing finance commitments increased from 18.2% in March 2007 to 20.0% in April 2007.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
May 2007 10 July 2007
June 2007 8 August 2007
July 2007 7 September 2007
August 2007 10 October 2007
September 2007 7 November 2007
October 2007 10 December 2007



REVISIONS

Revisions were made to include the latest available administrative and survey data, including the reclassification of some loans (as foreshadowed in the November and December 2006 issues), and improvements to coverage. The revisions apply from January 2005 onwards, and in original terms, for March 2007:
  • increased the number of total housing finance commitments by 1,293 to 68,658;
  • increased the value of total housing finance commitments by $196m to $15,633m.


CHANGES TO THIS ISSUE

As announced in both February and March 2007 issues, the format of the data cubes containing seasonally adjustment factors has changed to align with the current standard of excel spreadsheets. The new format is available as Tables 14 and 15.



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.


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.