Home Loan approvals are surging faster than expected.
Finance numbers from The Australian Bureau of Statistics for September show more Australians borrowing more to buy a place to live.
And first home buyers are still absent but overall housing finance by value and by number continues to beat expectations.
The number of owner occupied dwellings financed (seasonally adjusted) jumped 4.4 per cent in September to 51,928, beating expectations of around 3.5 per cent.
The value of finance rose 5.3 per cent to $15.781 billion.
However, the number of first home buyers continues to fall.
The number of first home buyer commitments fell to 12.5 per cent in September 2013 from 13.7 per cent in August.
The average loan size for first home buyers rose $4,800 to $290,800. The average loan size for all owner occupied housing rose $5,600 to $305,400 for the same period.
Western Australia and the Northern Territory were the only state and territory to record a fall.
The seasonally adjusted estimates rose in Victoria (up 650, 4.7%), New South Wales (up 323, 2.3%), Queensland (up 312, 3.4%), South Australia (up 103, 3.0%), Tasmania (up 47, 5.9%), and the Australian Capital Territory (up 22, 2.5%), while falls were recorded in Western Australia (down 48, 0.6%) and the Northern Territory (down 25, 6.7%).