MARCH KEY FIGURES
 | Trend estimates | Seasonally adjusted estimates |
| Mar 2015 | Feb 2015 to Mar 2015 | Mar 2015 | Feb 2015 to Mar 2015 |
Value of dwelling commitments(a)(b) |
|
| $m | % change | $m | % change |
| Total dwellings | 31 264 | 0.8 | 31 622 | 3.5 |
| Owner occupied housing | 18 623 | 0.8 | 18 710 | 1.6 |
| Investment housing - fixed loans(c) | 12 641 | 0.8 | 12 913 | 6.4 |
Number of dwelling commitments(a)(b) |
|
| no. | % change | no. | % change |
| Owner occupied housing | 54 190 | 0.4 | 54 686 | 1.6 |
| Construction of dwellings | 5 836 | -1.4 | 5 804 | -1.8 |
| Purchase of new dwellings | 2 680 | -0.1 | 2 777 | 2.9 |
| Purchase of established dwellings | 45 674 | 0.7 | 46 105 | 2.0 |
|
| (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
|
MARCH KEY POINTS
VALUE OF DWELLING COMMITMENTS
March 2015 compared with February 2015:
- The trend estimate for the total value of dwelling finance commitments excluding alterations and additions rose 0.8%. Owner occupied housing commitments rose 0.8% and investment housing commitments rose 0.8%.
- In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions rose 3.5%.
NUMBER OF DWELLING COMMITMENTS
March 2015 compared with February 2015:
- In trend terms, the number of commitments for owner occupied housing finance rose 0.4% in March 2015.
- In trend terms, the number of commitments for the purchase of established dwellings rose 0.7%, while the number of commitments for the construction of dwellings fell 1.4% and the number of commitments for the purchase of new dwellings fell 0.1%.
- In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments fell to 14.7% in March 2015 from 15.1% in February 2015.
NOTES
FORTHCOMING ISSUES
| ISSUE | Release Date |
| April 2015 | 9 June 2015 |
| May 2015 | 10 July 2015 |
| June 2015 | 7 August 2015 |
| July 2015 | 9 September 2015 |
| August 2015 | 9 October 2015 |
| September 2015 | 10 November 2015 |
REVISIONS
In this issue revisions have been made to the original series as a result of improved reporting of survey and administrative data, and modelled first home buyer estimates. These revisions have impacted on:
- First home buyers owner occupied housing for periods August 2014 to February 2015
- Owner occupied housing for periods November 2013 to February 2015
- Housing loan outstandings to households for owner occupation and investment housing series for the periods April 2009 to December 2009
- Investment housing for the periods November 2013 to January 2014 and April 2014 to October 2014
FIRST HOME BUYERS
Information relating to changes to the method of estimating loans to first home buyers, introduced from the December 2014 issue can be found under the First Home Buyers web page and on Page 5 of the PDF. Monthly First Home Buyer Statistics are likely to be subject to future revision, as the modelled component is adjusted to reflect improved reporting by lenders.
PRIVACY
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INQUIRIES
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070.
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