5601.0 - Lending Indicators, Oct 2019 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 17/12/2019   
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Housing


Seasonally adjusted

New loan commitments by purpose
October 2019
Month percent change
Year percent change
%
%

Value ($b)

Owner occupier
Total housing (a)
13.11
2.2
5.7
Construction of dwellings
1.33
4.3
-1.0
Purchase of newly erected dwellings
1.59
0.6
11.6
Purchase of existing dwellings
9.24
1.9
6.1
First home buyers
3.62
1.0
18.5
Investor
Total housing (a)
5.10
1.4
-9.7

Number

Owner occupier
Total housing (a) (b)
-
-
-
Construction of dwellings
3,447
5.5
0.8
Purchase of newly erected dwellings
3,409
1.3
3.5
Purchase of existing dwellings
20,220
-0.3
-2.0
First home buyers
9,297
1.4
10.8
Investor
Total housing (a) (b)
-
-
-

(a) Housing includes loan commitments for dwellings, purchase of residential land and for alterations and additions.
(b) There is no seasonally adjusted or trend data available for the number of owner occupiers or investors for total housing as the data was collected from July 2019.


Growth in owner occupiers outpaced investors in October
New loan commitments for housing by purpose (seasonally adjusted), values, Australia

Graph 1: New loan commitments for housing by purpose (seasonally adjusted), values, Australia


Purchase of existing dwellings displayed the largest rise in October
New loan commitments for owner occupier housing by purpose (seasonally adjusted), values, Australia

Graph 2: New loan commitments for owner occupier housing by purpose (seasonally adjusted), values, Australia


October's rise in owner occupiers was driven by NSW and Vic
New loan commitments for owner occupier housing (seasonally adjusted), values, by state

Graph 3: New loan commitments for owner occupier housing (seasonally adjusted), values, by state


Loan commitments to investors rose in October, however the largest states have fallen significantly since early 2017
New loan commitments for investor housing (seasonally adjusted), values, by state

Graph 4: New loan commitments for investor housing (seasonally adjusted), values, by state


Loan commitments to investors are lower than owner occupiers for all major categories
New loan commitments by purpose and sub-purpose (original), values, Australia, October 2019

Graph 5: New loan commitments by purpose and sub-purpose (original), values, Australia, October 2019