Housing Finance September 2008
Source: ABS Cat No 5609.0
On a seasonally adjusted basis the national value of housing loan commitments (owner occupation) in September was $11.891 billion,
down by 1.9% on August.
On a state basis, the respective statistics were:
NSW $3.809 billion (-3.6%)
Victoria, $2.752b (-0.8%),
Qld, $2.523b(+1.6%),
SA, $0.803b (-4.3%),
WA ,$1.533b (-1.9%),
Tas, $167m (-1.2%),
NT, $87m(+4.8%),
ACT, $194m (+4.9%).
Investment Housing – Total
Source: ABS Cat No. 5609.0
The value of investment housing loan commitments
($5.317billion, seasonally adjusted)
fell by 1.1% on August.
The drivers of this result were a fall in the
construction of dwellings for rent or resale (-26.4%),
a rise in the purchase of dwellings
for rent or resale by individuals (+1.4%)
and by others (+5.2%)
The total value of housing finance commitments
- $17.209b fell by 1.6% on August.
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