FEBRUARY KEY FIGURES
 | Trend estimates | Seasonally adjusted estimates |
| Feb 2014 | Jan 2014 to Feb 2014 | Feb 2014 | Jan 2014 to Feb 2014 |
|
| Value of dwelling commitments(a)(b) | $m | % change | $m | % change |
| Total dwellings | 27 594 | 1.0 | 27 644 | 2.9 |
| Owner occupied housing | 16 846 | 0.9 | 16 907 | 1.9 |
| Investment housing - fixed loans(c) | 10 748 | 1.1 | 10 737 | 4.4 |
| Number of dwelling commitments(a)(b) | no. | % change | no. | % change |
| Owner occupied housing | 52 082 | 0.2 | 52 460 | 2.3 |
| Construction of dwellings | 6 072 | 1.8 | 6 139 | 0.8 |
| Purchase of new dwellings | 2 698 | -1.7 | 2 616 | -5.0 |
| Purchase of established dwellings | 43 312 | 0.1 | 43 705 | 3.0 |
|
| (a) Includes refinancing (see Glossary). |
| (b) Excludes alterations and additions. |
| (c) Excludes revolving credit. |
Value of dwelling commitments, Total dwellings
| No. of dwelling commitments, Owner occupied housing
|
FEBRUARY KEY POINTS
VALUE OF DWELLING COMMITMENTS
February 2014 compared with January 2014:
- The trend estimate for the total value of dwelling finance commitments excluding alterations and additions rose 1.0%. Investment housing commitments rose 1.1% and owner occupied housing commitments rose 0.9%.
- In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions rose 2.9%.
NUMBER OF DWELLING COMMITMENTS
February 2014 compared with January 2014:
- In trend terms, the number of commitments for owner occupied housing finance rose 0.2%.
- In trend terms, the number of commitments for the purchase of new dwellings fell 1.7% while the number of commitments for the purchase of established dwellings rose 0.1% and the number of commitments for the construction of dwellings rose 1.8%.
- In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments fell to 12.5% in February 2014 from 13.2% in January 2014.
NOTES
FORTHCOMING ISSUES
| ISSUE | Release Date |
| March 2014 | 13 May 2014 |
| April 2014 | 10 June 2014 |
| May 2014 | 11 July 2014 |
| June 2014 | 8 August 2014 |
| July 2014 | 9 September 2014 |
| August 2014 | 10 October 2014 |
REVISIONS
In this issue revisions have been made to the original series as a result of improved reporting of survey and administrative data. These revisions have impacted on:
- Owner occupied housing values for the periods November 2013 to January 2014
- Housing loan outstanding to households for the period of January 2014
Seasonally adjusted and trend series have been revised as a result of revisions to the original series, the incorporation of estimates for the latest month and the revision of seasonal factors due to the concurrent seasonal adjustment methodology.
INQUIRIES
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