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NOVEMBER KEY POINTS
VALUE OF DWELLING COMMITMENTS
November 2011 compared with October 2011:
The trend estimate for the total value of dwelling finance commitments excluding alterations and additions was flat (0.0%). Investment housing commitments fell 0.5%, while owner occupied housing commitments rose 0.2%.
In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions rose 2.1%.
NUMBER OF DWELLING COMMITMENTS
November 2011 compared with October 2011:
In trend terms, the number of commitments for owner occupied housing finance rose 0.6%.
In trend terms, the number of commitments for the purchase of established dwellings rose 0.8% and the number of commitments for the purchase of new dwellings rose 0.5%, while the number of commitments for the construction of dwellings fell 0.9%.
In seasonally adjusted terms, the number of commitments for owner occupied housing finance rose 1.4%.
In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments rose to 20.0% in November 2011 from 19.1% in October 2011.
VALUE OF DWELLING COMMITMENTS
November 2011 compared with October 2011:
The trend estimate for the total value of dwelling finance commitments excluding alterations and additions was flat (0.0%). Investment housing commitments fell 0.5%, while owner occupied housing commitments rose 0.2%.
In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions rose 2.1%.
NUMBER OF DWELLING COMMITMENTS
November 2011 compared with October 2011:
In trend terms, the number of commitments for owner occupied housing finance rose 0.6%.
In trend terms, the number of commitments for the purchase of established dwellings rose 0.8% and the number of commitments for the purchase of new dwellings rose 0.5%, while the number of commitments for the construction of dwellings fell 0.9%.
In seasonally adjusted terms, the number of commitments for owner occupied housing finance rose 1.4%.
In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments rose to 20.0% in November 2011 from 19.1% in October 2011.
