Turf QLD Industry Alert |ABS Housing Finance, Australia, Feb 2015
ABS Housing Finance, Australia, Feb 2015
FEBRUARY KEY POINTS.
VALUE OF DWELLING COMMITMENTS
February 2015 compared with January 2015:
The trend estimate for the total value of dwelling finance commitments excluding alterations and additions rose 0.8%. Owner occupied housing commitments rose 1.0% and investment housing commitments rose 0.4%.
- In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions fell 1.0%.
NUMBER OF DWELLING COMMITMENTS
February 2015 compared with January 2015:
- In trend terms, the number of commitments for owner occupied housing finance rose 0.2% in February 2015.
- In trend terms, the number of commitments for the purchase of established dwellings rose 0.5%, while the number of commitments for the purchase of new dwellings fell 1.4% and the number of commitments for the construction of dwellings fell 1.1%.
- In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments rose to 13.7% in February 2015 from 13.6% in January 2015.
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