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

2019-06-01

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: 7 August 2019 | Next release: 9 September 2019

Language

English

Subject

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

Publisher name

Northern Territory Government

Place of publication

Darwin

Series

Economic brief

Volume

Brief June 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/10070/754067

Citation address

https://hdl.handle.net/10070/780399

Page content

Housing finance for owner occupation June 2019 DEPARTMENT OF TREASURY AND FINANCE 7 August 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 205 2 867 -12.4% -22.6% -13.4% total excl refinancing 175 2 337 -11.6% -18.6% -11.0% Type first home buyers 74 926 -18.7% 15.6% 23.0% non-first home buyers 101 1 411 -5.6% -33.1% -24.7% (excl refinancing) refinancing of established dwellings 30 530 -16.7% -40.0% -22.6% Purpose new dwellings 66 1 004 -20.5% -27.5% -19.6% (incl construction and new dwelling purchases) purchase of established dwellings 139 1 863 -7.9% -20.1% -9.7% (incl refinancing) Seasonally adjusted4 214 2 872 -5.7% -19.9% Trend5 228 2 881 -0.4% -11.3% Value ($M) Original 67 900 -15.5% -22.2% -12.8% excl refinancing 58 742 -13.0% -18.2% -10.7% Seasonally adjusted4 67 904 -8.9% -21.4% Trend5 74 907 -0.7% -11.9% Australia Number Original 44 439 589 131 -12.9% -15.9% -9.7% total excl refinancing 29 988 393 528 -11.0% -17.0% -12.2% Type first home buyers 8 653 106 883 -9.7% -9.4% -6.8% non-first home buyers 21 335 286 645 -11.5% -19.7% -14.0% (excl refinancing) refinancing 14 451 195 603 -16.5% -13.5% -4.3% Purpose construction of dwellings 5 465 66 469 -12.7% -13.5% -7.5% purchase of new dwelling 2 055 27 866 -10.8% -26.3% -22.6% purchase of established dwellings 22 468 299 193 -10.6% -16.8% -12.1% (incl refinancing) Seasonally adjusted4 45 987 590 598 -0.9% -12.4% Trend5 46 053 590 442 -0.4% -12.5% Value ($M) Original 17 560 228 206 -11.7% -16.1% -9.3% excl refinancing 12 095 156 118 -9.9% -18.0% -12.1% Seasonally adjusted4 18 090 228 790 0.7% -12.7% Trend5 18 090 228 748 -0.2% -13.2% 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 June 2019 mailto:economics.dtf@nt.gov.au


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