• Australian home loans down 1.1% in June

Market news

8 August 2018

Australian home loans down 1.1% in June

June 2018 compared with May 2018:

  • The trend estimate for the total value of dwelling finance commitments excluding alterations and additions fell 0.7%. Owner occupied housing commitments fell 0.2% and investment housing commitments fell 1.8%.

  • In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions fell 1.6%.

June 2018 compared with May 2018:

  • In trend terms, the number of commitments for owner occupied housing finance fell 0.5% in June 2018.

  • In trend terms, the number of commitments for the purchase of new dwellings fell 1.1%, the number of commitments for the purchase of established dwellings fell 0.4% and the number of commitments for the construction of dwellings fell 0.4%.

  • In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments rose to 18.1% in June 2018 from 17.6% in May 2018.

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