Territory Stories

Housing finance for owner occupation : economic brief

Details:

Title

Housing finance for owner occupation : economic brief

Creator

Northern Territory. Department of Treasury and Finance. Economic Group

Collection

Housing finance for owner occupation; E-Journals; PublicationNT; Economic brief

Date

2019-02-01

Location

Darwin

Notes

Made available via the Publications (Legal Deposit) Act 2004 (NT).; This publication contains many links to external sites. These external sites may no longer be active.; Released: 9 April 2019 | Next release: 13 May 2019

Language

English

Subject

Economic conditions; Darwin (N.T.); Periodicals

Publisher name

Northern Territory Government

Place of publication

Darwin

Series

Economic brief

Volume

Brief, February 2019

File type

application/pdf

Use

Attribution International 4.0 (CC BY 4.0)

Copyright owner

Northern Territory Government.

License

https://creativecommons.org/licenses/by/4.0/

Parent handle

https://hdl.handle.net/10070/752070

Citation address

https://hdl.handle.net/10070/752109

Page content

Housing finance for owner occupation February 2019 DEPARTMENT OF TREASURY AND FINANCE 9 April 2019 Page 2 of 2 Caution is advised when using monthly data for the Territory, which is often derived from small samples and highly volatile. Although all due care has been exercised in the preparation of this material, no responsibility is accepted for any errors or omission. More information: Economic Group | Department of Treasury and Finance P: 08 8999 6801 | E: economics.dtf@nt.gov.au | W: https://nteconomy.nt.gov.au/ Table 1: Housing finance for owner occupation Change Month Year to date Monthly1 Annual2 Year-on-year3 Northern Territory Number Original 191 2 983 -10.7% -28.7% -15.1% total excl refinancing 154 2 386 -10.5% -28.0% -14.0% Type first home buyers 51 803 -15.0% -1.9% 6.1% non-first home buyers 103 1 583 -8.0% -36.4% -21.5% (excl refinancing) refinancing of established dwellings 37 597 -11.9% -31.5% -19.3% Purpose new dwellings 64 1 051 -11.1% -33.3% -23.3% (incl construction and new dwelling purchases) purchase of established dwellings 127 1 932 -10.6% -26.2% -9.9% (incl refinancing) Seasonally adjusted4 201 2 977 -18.0% -29.0% Trend5 230 3 003 -2.1% -14.8% Value ($M) Original 60 944 -6.9% -31.1% -12.4% excl refinancing 48 762 -12.6% -31.7% -11.9% Seasonally adjusted4 69 943 -11.3% -31.1% Trend5 73 952 -0.5% -16.6% Australia Number Original 43 862 616 716 8.4% -10.6% -7.0% total excl refinancing 28 907 415 170 6.6% -12.5% -9.0% Type first home buyers 7 771 109 922 7.6% -11.5% 1.3% non-first home buyers 21 136 305 248 6.3% -12.9% -12.2% (excl refinancing) refinancing 14 955 201 546 12.1% -6.7% -2.5% Purpose construction of dwellings 4 930 67 996 13.0% -5.3% -7.6% purchase of new dwelling 1 888 30 994 9.4% -31.4% -14.9% purchase of established dwellings 22 089 316 180 5.1% -12.0% -8.6% (incl refinancing) Seasonally adjusted4 48 532 615 717 2.0% -10.7% Trend5 48 223 616 831 -1.3% -10.6% Value ($M) Original 16 548 240 128 7.9% -11.8% -4.3% excl refinancing 11 145 165 878 5.6% -13.8% -6.6% Seasonally adjusted4 18 891 239 730 3.9% -12.0% Trend5 18 466 240 096 -1.0% -13.0% 1 Compares the latest month w ith the previous month. 2 Compares the latest month w ith the same month last year. 3 Compares the 12 months up to and including the latest month w ith the previous 12 month period. 4 Seasonal adjustment removes from a series influences that are systematic and calendar related. 5 Trend series represents underlying series remaining after removing the seasonal effects from the original data and smoothing out the irregular f luctuations. Source: Department of Treasury and Finance; ABS Cat. No. 5601.0 February 2019 mailto:economics.dtf@nt.gov.au


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