1367.0 - State and Territory Statistical Indicators, 2012  
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 13/06/2012  Final
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HOUSING FINANCE COMMITMENTS


Graph Image for Number of Housing Finance Commitments, WA

Footnote(s): Owner occupied housing

Source(s): Housing Finance, Australia (cat. no. 5609.0)



Graph Image for Value of Housing Finance Commitments, WA

Footnote(s): Owner occupied housing

Source(s): Housing Finance, Australia (cat. no. 5609.0)





In WA, in trend terms, in April 2012:
  • The number of owner occupied housing commitments increased by 1.3% from the previous month and 21.2% from April 2011.
  • The value of commitments rose by 1.5% from the previous month and 17.6% from April 2011.


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More About Housing Finance Commitments

Housing finance commitments are the monetary commitments made by significant lenders towards the construction or purchase of housing. This includes new commitments as well as the outstanding values of housing loan assets to individuals (owner-occupiers and investors) held by lenders at the end of each reference month. Significant lenders include Banks, Building Societies, Credit Unions, Life or General Insurance companies, Superannuation Funds and other financial institutions. Housing finance data are primarily collected via returns submitted to the Australian Prudential Regulation Authority (APRA).