New Housing Loan Commitments — methodology

What this metric measures

The value of new housing loans committed by lenders each quarter — owner-occupier and investor, excluding refinancing — seasonally adjusted.

Why it matters: Housing finance commitments are the earliest read on housing demand and household borrowing, and they respond quickly to interest rate changes.

Source & provenance

Publisher

ABS Lending Indicators (Cat. 5601.0), LEND_HOUSING FIN_VAL.DV8368.TOTDWELL

Update frequency

quarterly

Licence

CC BY 4.0

How the score is computed

The score is a 0–100 normalisation of the latest observation, compared to a baseline window. The traffic-light rating (RAG) reflects both the absolute level and the recent trend.

Direction

Higher is better

Trend window

24 months

Baseline

Last 10 years

{
  "red_max_pct_of_baseline": 95,
  "amber_min_pct_of_baseline": 95,
  "green_min_pct_of_baseline": 102
}