QTPA Member Alert |ABS Housing Finance, Australia, May 2013 (12/7/2013)
ABS Housing Finance, Australia, May 2013
for once these figures are looking promising with every line an increase
MAY 2013 KEY FIGURES
| Trend estimates | Seasonally adjusted estimates | ||
| May 2013 | Apr 2013 to May 2013 | May 2013 | Apr 2013 to May 2013 |
Value of dwelling commitments (a) (b) | $m | % change | $m | % change |
Total dwellings | 23 289 | 1.2 | 23 433 | 2.0 |
Owner occupied housing | 14 909 | 1.4 | 15 022 | 2.3 |
Investment housing – fixed loans © | 8 380 | 0.9 | 8 411 | 1.5 |
Number of dwelling commitments (a) (b) | No. | % change | No. | % change |
Owner occupied housing | 49 097 | 1.8 | 49 636 | 1.8 |
Construction of dwellings | 5 377 | 1.3 | 5 367 | 0.6 |
Purchase of new dwellings | 3 020 | 3.6 | 2 993 | 0.7 |
Purchase of established dwellings | 40 701 | 1.7 | 41 277 | 2.1 |
(a) Includes refinancing (see Glossary). |
(b) Excludes alterations and additions. |
(c) Excludes revolving credit. |
MAY 2013 KEY POINTS
VALUE OF DWELLING COMMITMENTS
May 2013 compared with April 2013:
- The trend estimate for the total value of dwelling finance commitments excluding alterations and additions rose 1.2%. Owner occupied housing commitments rose 1.4% and investment housing commitments rose 0.9%.
- In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions rose 2.0%.
NUMBER OF DWELLING COMMITMENTS
May 2013 compared with April 2013:
- In trend terms, the number of commitments for owner occupied housing finance rose 1.8%.
- In trend terms, the number of commitments for the purchase of new dwellings rose 3.6%, the number of commitments for the purchase of established dwellings rose 1.7% and the number of commitments for the construction of dwellings rose 1.3%.
- In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments rose to 14.6% in May 2013 from 14.3% in April 2013.
0 Comments