In Business

Australian Bureau Of Statistics

APRIL KEY POINTS

Victor P Taffa

The Australian Bureau Of Statistics has releaseed owner occupied housing statistics for April 2010.

 

VALUE OF DWELLING COMMITMENTS

April 2010 compared with March 2010:

  • In trend terms, the total value of dwelling finance commitments excluding alterations and additions decreased 0.8%. Owner occupied housing commitments fell 2.4%, while investment housing commitments increased 2.0%.
  • In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions increased 0.8%.

NUMBER OF DWELLING COMMITMENTS

April 2010 compared with March 2010:

  • In trend terms, the number of commitments for owner occupied housing finance decreased 2.8%.
  • In trend terms, the number of commitments for the construction of dwellings decreased 5.1%, the number of commitments for the purchase of established dwellings fell 2.5% and the number of commitments for the purchase of new dwellings fell 1.0%.
  • In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments increased from 15.9% in March 2010 to 16.3% in April 2010.

 

APRIL KEY FIGURES

Trend Estimates

Seasonally Adjusted Estimates

Apr 2010

Mar 2010 to Apr 2010

Apr 2010

Mar 2010 to Apr 2010


Value of dwelling commitments(a)(b)

$m

% change

$m

% change

Total dwellings

21, 322

-0.8

21, 701

0.8

Owner occupied housing

13, 476

-2.4

13, 707

0.6

Investment housing – fixed loans(c)

7, 845

2.0

7, 993

1.3

Number of dwelling commitments(a)(b)

no.

% change

no.

% change

Owner occupied housing

47, 077

-2.8

47, 669

-1.8

Construction of dwellings

5, 612

-5.1

5, 507

-4.8

Purchase of new dwellings

2, 148

-1.0

2, 262

6.3

Purchase of established dwellings

39, 317

-2.5

39, 900

-1.8


(a) Includes refinancing.
(b) Excludes alterations and additions.

(c) Excludes revolving credit.

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