MARCH KEY FIGURES
 | Trend estimates | | Seasonally adjusted estimates |
| Mar 2007 | Feb 2007
to Mar 2007 | | Mar 2007 | Feb 2007
to Mar 2007 |
|
| Value of dwelling commitments(a) | $m | % change | | $m | % change |
| Total dwellings | 20 816 | 1.5 | | 20 815 | -0.4 |
| Owner occupied housing | 14 399 | 1.0 | | 14 523 | 1.7 |
| Investment housing - fixed loans(b) | 6 418 | 2.6 | | 6 292 | -5.0 |
| Number of dwelling commitments(a) | no. | % change | | no. | % change |
| Owner occupied housing | 62 834 | 0.5 | | 63 335 | 1.3 |
| Construction of dwellings | 4 569 | 0.1 | | 4 579 | 1.4 |
| Purchase of new dwellings | 2 866 | 2.0 | | 2 975 | 5.7 |
| Purchase of established dwellings | 55 399 | 0.5 | | 55 781 | 1.1 |
|
| (a) Includes refinancing. |
| (b) Excludes revolving credit. |
Value of dwelling commitments,
Total dwellings
| Number of dwelling commitments,
Owner occupied housing
|
MARCH KEY POINTS
TREND ESTIMATES
March 2007 COMPARED WITH February 2007:
- Total value of dwelling finance commitments excluding alterations and additions increased by 1.5%. The value of owner occupied housing commitments increased by 1.0%, while the value of investment housing commitments increased by 2.6%.
- The number of commitments for owner occupied housing finance increased by 0.5%, while the number excluding refinancing increased by 1.0%.
SEASONALLY ADJUSTED ESTIMATES
March 2007 COMPARED WITH February 2007:
- Total value of dwelling finance commitments excluding alterations and additions decreased 0.4%. Owner occupied housing commitments increased 1.7%, while investment housing commitments fell 5.0%.
- The number of commitments for owner occupied housing finance increased by 1.3%, while the number excluding refinancing increased by 2.2%.
ORIGINAL ESTIMATES
- The number of first home buyer commitments as a percentage of total owner occupied housing finance commitments increased from 17.5% in February 2007 to 18.2% in March 2007. The number of fixed rate loan commitments as a percentage of total owner occupied housing finance commitments decreased from 20.4% in February 2007 to 18.3% in March 2007.
NOTES
FORTHCOMING ISSUES
| ISSUE | Release Date |
| April 2007 | 8 June 2007 |
| May 2007 | 10 July 2007 |
| June 2007 | 8 August 2007 |
| July 2007 | 7 September 2007 |
| August 2007 | 10 October 2007 |
| September 2007 | 7 November 2007 |
REVISIONS
Minor revisions were made to February 2007 data to incorporate the latest available administrative and survey data.
CHANGES IN FORTHCOMING ISSUES
As advised in the previous issue, the format of the datacube tables 14 and 15 for this publication will be changed to align with the current standard for excel spreadsheets (i.e. in .xls format). The new format will be available as tables 14a and 15a with tables 14, 15 and 14a, 15a released with this issue of 5609.0. Tables 14 and 15 will be withdrawn from the April 2007 issue. Tables 14a and 15a will then be renumbered to Tables 14 and 15.
INQUIRIES
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Michael Abbondante on Canberra (02) 6252 6707.
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