Quality Declaration
Page tools:
 Print Page
 Print All
| ||
|
SUMMARY OF FINDINGS Number of Owner Occupied Dwellings Financed The number of owner occupied housing commitments (trend) rose 1.0% in August 2017, following a rise of 1.0% in July 2017. Rises were recorded in commitments for the purchase of established dwellings excluding refinancing (up 367, 1.2%), commitments for the construction of dwellings (up 93, 1.5%) and commitments for the purchase of new dwellings (up 65, 2.1%). The seasonally adjusted series for the total number of owner occupied housing commitments rose 1.0% in August 2017. Further detail can be found in Tables 1 and 2 on the downloads tab of this release and in the PDF. Number of Owner Occupied Dwellings Financed - State Between July 2017 and August 2017, the number of owner occupied housing commitments (trend) rose in New South Wales (up 231, 1.3%), Victoria (up 223, 1.4%), Queensland (up 78, 0.7%), Western Australia (up 45, 0.8%), the Australian Capital Territory (up 23, 2.0%) and Tasmania (up 3, 0.3%), while falls were recorded in South Australia (down 10, -0.3%) and the Northern Territory (down 4, -1.4%). The seasonally adjusted estimates rose in New South Wales (up 516, 2.9%), Western Australia (up 149, 2.6%), Victoria (up 142, 0.9%), South Australia (up 100, 2.8%) and the Australian Capital Territory (up 82, 7.3%), while falls were recorded in Queensland (down 37, -0.3%), Tasmania (down 8, -0.7%) and the Northern Territory (down 6, -2.0%). Further detail can be found in Tables 5 and 6 on the downloads tab of this release and in the PDF. First Home Buyer Commitments In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments rose to 17.2% in August 2017 from 16.6% in July 2017. Between July 2017 and August 2017, the average loan size for first home buyers fell $400 to $321,400. The average loan size for all owner occupied housing commitments fell $900 to $369,600 for the same period. Further detail can be found in Table 9a on the downloads tab of this release and in Table 9 of the PDF. Number of Owner Occupied Dwellings Financed Excluding Refinancing The number of owner occupied housing commitments excluding refinancing (trend) rose 1.3% in August 2017, following a rise of 1.6% in July 2017. The seasonally adjusted series was flat in August 2017, after a rise of 4.2% in July 2017. Further detail can be found in Tables 1 and 2 on the downloads tab of this release and in the PDF. PURPOSE OF FINANCE (OWNER OCCUPATION) Construction of dwellings The number of finance commitments for the construction of dwellings for owner occupation (trend) rose 1.5% in August 2017, following a rise of 2.0% in July 2017. The seasonally adjusted series fell 2.4% in August 2017, after a rise of 4.0% in July 2017. Further detail can be found in Tables 1 and 2 on the downloads tab of this release and in the PDF. Purchase of new dwellings The number of finance commitments for the purchase of new dwellings for owner occupation (trend) rose 2.1% in August 2017, following a rise of 2.3% in July 2017. The seasonally adjusted series rose 1.5% in August 2017, following a rise of 2.2% in July 2017. Further detail can be found in Tables 1 and 2 on the downloads tab of this release and in the PDF. Purchase of established dwellings (including refinancing across lending institutions) The number of finance commitments for the purchase of established dwellings for owner occupation (trend) rose 0.9% in August 2017, following a rise of 0.8% in July 2017. The seasonally adjusted series rose 1.5% in August 2017, following a rise of 2.7% in July 2017. Further detail can be found in Tables 1 and 2 on the downloads tab of this release and in the PDF. Refinancing The number of refinancing commitments for owner occupied housing (trend) rose 0.3% in August 2017, after a fall of 0.2% in July 2017. The seasonally adjusted series rose 3.5% in August 2017, after a fall of 0.4% in July 2017. Further detail can be found in Tables 1 and 2 on the downloads tab of this release and in the PDF. TYPE OF LENDER (OWNER OCCUPATION) Banks The number of commitments for owner occupied dwellings financed by banks (trend) rose 1.0% in August 2017, following a rise of 1.0% in July 2017. The seasonally adjusted series rose 0.8% in August 2017, following a rise of 3.1% in July 2017. Further detail can be found in Tables 3 and 4 on the downloads tab of this release and in the PDF. Non-banks The number of commitments for owner occupied dwellings financed by non-banks (trend) rose 1.9% in August 2017, following a rise of 1.7% in July 2017. The seasonally adjusted series rose 4.4% in August 2017, after a fall of 0.6% in July 2017. The number of commitments for owner occupied dwellings financed by permanent building societies (trend) rose 2.1% in August 2017, following a rise of 2.9% in July 2017. Further detail can be found in Tables 3 and 4 on the downloads tab of this release and in the PDF. HOUSING LOAN OUTSTANDINGS At the end of August 2017, the value of outstanding housing loans financed by Authorised Deposit-taking Institutions (ADIs) was $1,611b, up $6b (0.4%) from the July 2017 closing balance. Owner occupied housing loan outstandings financed by ADIs rose $6b (0.6%) to $1,053b and investment housing loan outstandings financed by ADIs rose $0.4b (0.1%) to $558b. Bank housing loan outstandings rose $6b (0.4%) during August 2017 to reach a closing balance of $1,573b. Owner occupied housing loan outstandings of banks rose $6b (0.6%) to $1,024b and investment housing loan outstandings of banks rose $0.4b (0.1%) to $550b. Further detail can be found in Table 12 on the downloads tab of this release and in the PDF. Document Selection These documents will be presented in a new window.
|
|