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APRIL KEY FIGURES

	Trend estimates		Seasonally adjusted estimates
	Apr 2008	Mar 2008 to Apr 2008	Apr 2008	Mar 2008 to Apr 2008
Value of dwelling commitments(a)	$m	% change	$m	% change
Total dwellings	20 138	-2.7	19 464	-3.0
Owner occupied housing	14 007	-2.7	13 406	-4.9
Investment housing - fixed loans(b)	6 131	-2.7	6 058	1.4
Number of dwelling commitments(a)	no.	% change	no.	% change
Owner occupied housing	59 774	-2.5	57 503	-3.0
Construction of dwellings	4 659	-0.7	4 656	1.8
Purchase of new dwellings	1 983	-3.4	1 969	-1.3
Purchase of established dwellings	53 132	-2.6	50 878	-3.5
(a) Includes refinancing.
(b) Excludes revolving credit.

Value of dwelling commitments, Total dwellings

Number of dwelling commitments, Owner occupied housing

• In trend terms, the total value of dwelling finance commitments excluding alterations and additions decreased by 2.7%. Both owner occupied housing commitments and investment housing commitments decreased by 2.7%.
• In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions decreased 3.0%. Owner occupied housing commitments decreased 4.9% while investment housing commitments increased 1.4%.

• In trend terms, the number of commitments for owner occupied housing finance decreased 2.5%. The number of commitments for owner occupied housing finance excluding refinancing fell 3.3%.
• In trend terms, the number of commitments for refinancing of established dwellings fell 0.8%, while the seasonally adjusted series increased 2.9%
• In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments increased from 16.4% in March 2008 to 16.9% in April 2008.
• In original terms, the number of fixed rate loan commitments as a percentage of total owner occupied housing finance commitments decreased from 23.9% in March 2008 to 17.5% in April 2008.