5609.0 - Housing Finance, Australia, June 2017 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 09/08/2017   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

JUNE KEY FIGURES

Trend estimates
Seasonally adjusted estimates
Jun 2017
May 2017 to Jun 2017
Jun 2017
May 2017 to Jun 2017

Value of dwelling commitments(a)(b)

$m
% change
$m
% change
Total dwellings
32 936
0.0
33 261
0.8
Owner occupied housing
20 582
0.5
20 738
0.3
Investment housing - fixed loans(c)
12 354
-0.9
12 523
1.6

Number of dwelling commitments(a)(b)

no.
% change
no.
% change
Owner occupied housing
54 028
-0.2
54 404
0.5
Construction of dwellings
6 153
1.9
6 290
3.6
Purchase of new dwellings
2 925
1.3
3 016
3.5
Purchase of established dwellings
44 950
-0.5
45 099
-0.1

(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




JUNE KEY POINTS


VALUE OF DWELLING COMMITMENTS

June 2017 compared with May 2017:
  • The trend estimate for the total value of dwelling finance commitments excluding alterations and additions was flat. Owner occupied housing commitments rose 0.5% while investment housing commitments fell 0.9%.
  • In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions rose 0.8%.


NUMBER OF DWELLING COMMITMENTS

June 2017 compared with May 2017:
  • In trend terms, the number of commitments for owner occupied housing finance fell 0.2% in June 2017.
  • In trend terms, the number of commitments for the construction of dwellings rose 1.9% and the number of commitments for the purchase of new dwellings rose 1.3%, while the number of commitments for the purchase of established dwellings fell 0.5%.
  • In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments rose to 15.0% in June 2017 from 14.0% in May 2017.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
July 2017 8 September 2017
August 2017 12 October 2017
September 2017 9 November 2017
October 2017 8 December 2017
November 2017 17 January 2018
December 2017 9 February 2018



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 affected the following series:
  • Owner occupied housing for the periods between March 2017 to May 2017.
  • Housing loan outstandings to households for owner occupation series for the periods April 2017 and May 2017.
  • Investment housing for the period April 2017.


PRIVACY

The ABS Privacy Policy outlines how the ABS will handle any personal information that you provide to the ABS.


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070.