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FEBRUARY KEY FIGURES

	Trend estimates		Seasonally adjusted estimates
	Feb 2017	Jan 2017 to Feb 2017	Feb 2017	Jan 2017 to Feb 2017
Value of dwelling commitments(a)(b)
	$m	% change	$m	% change
Total dwellings	33 530	0.4	32 920	-2.7
Owner occupied housing	20 099	0.2	19 997	-0.5
Investment housing - fixed loans(c)	13 431	0.7	12 923	-5.9
Number of dwelling commitments(a)(b)
	no.	% change	no.	% change
Owner occupied housing	55 070	0.3	54 816	-0.5
Construction of dwellings	5 618	-0.1	5 634	1.7
Purchase of new dwellings	2 761	0.0	2 618	-7.1
Purchase of established dwellings	46 691	0.4	46 564	-0.4
(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

• The trend estimate for the total value of dwelling finance commitments excluding alterations and additions rose 0.4%. Investment housing commitments rose 0.7% and owner occupied housing commitments rose 0.2%.
• In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions fell 2.7%.

• In trend terms, the number of commitments for owner occupied housing finance rose 0.3% in February 2017.
• In trend terms, the number of commitments for the purchase of established dwellings rose 0.4%, while the number of commitments for the construction of dwellings fell 0.1% and the number of commitments for the purchase of new dwellings was flat.
• In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments fell to 13.3% in February 2017 from 13.4% in January 2017. The number of first home buyer commitments rose by 7.5% to 6,596 in February from 6,136 in January; the number of non-first home buyer commitments also rose.

• Housing loan outstandings to households for owner occupation series for the periods May 2016 to January 2017.