APRA releases statistics on ADI property exposures for June 2017
The Australian Prudential Regulation Authority (APRA) today released Quarterly Authorised Deposit-taking Institution (ADI) Property Exposures for the June 2017 quarter.
The publication contains information on ADIs’ commercial property exposures, residential property exposures and new housing loan approvals. Detailed statistics on residential property exposures and new housing loan approvals are included for ADIs with greater than $1 billion in housing loans.
Key statistics for ADIs (excluding Other ADIs) for June 2017 were:
| June 2016 | June 2017 | Change | |
|---|---|---|---|
| Total commercial property exposure limits | $307.4 billion | $316.3 billion | +2.9% |
| Total commercial property exposures | $256.6 billion | $264.1 billion | +2.9% |
| Commercial property exposures within Australia | $216.6 billion | $224.9 billion | +3.9% |
| Total domestic housing loans | $1,436.7 billion | $1,541.9 billion | +7.3% |
Key statistics for ADIs with greater than $1 billion in housing loans for June 2017 were:
| June 2016 | June 2017 | Change | |
|---|---|---|---|
| Number of housing loans | 5,623,500 | 5,805,500 | +3.2% |
| Average balance of housing loans | $252,100.0 | $262,200.0 | +4.0% |
| New housing loans approved in the quarter | $98.4 billion | $98.7 billion | +0.3% |
APRA recommends that users of the publication exercise caution analysing and interpreting the statistics to monitor sound residential mortgage practices. Please refer to the Important Notice in the publication for further information.
Refer to the June 2017 Quarterly ADI Property Exposures publication.
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The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the financial services industry. It oversees banks, mutuals, general insurance and reinsurance companies, life insurance, private health insurers, friendly societies, and most members of the superannuation industry. APRA currently supervises institutions holding around $9 trillion in assets for Australian depositors, policyholders and superannuation fund members.