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MARCH KEY FIGURES

	Trend estimates		Seasonally adjusted estimates
	Mar 2017	Feb 2017 to Mar 2017	Mar 2017	Feb 2017 to Mar 2017
Value of dwelling commitments(a)(b)
	$m	% change	$m	% change
Total dwellings	33 359	-0.1	33 177	0.9
Owner occupied housing	20 143	0.1	20 180	0.9
Investment housing - fixed loans(c)	13 216	-0.3	12 997	0.8
Number of dwelling commitments(a)(b)
	no.	% change	no.	% change
Owner occupied housing	54 807	-0.1	54 468	-0.5
Construction of dwellings	5 696	0.4	5 765	1.8
Purchase of new dwellings	2 801	0.2	2 858	9.6
Purchase of established dwellings	46 310	-0.1	45 845	-1.3
(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 fell 0.1%. Owner occupied housing commitments rose 0.1% while investment housing commitments fell 0.3%.
• In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions rose 0.9%.

• In trend terms, the number of commitments for owner occupied housing finance fell 0.1% in March 2017.
• In trend terms, the number of commitments for the construction of dwellings rose 0.4% and the number of commitments for the purchase of new dwellings rose 0.2%. The number of commitments for the purchase of established dwellings fell 0.1%.
• In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments rose to 13.6% in March 2017 from 13.3% in February 2017.

• Owner-occupied finance from May 2012 to February 2017.
• Investment housing finance from July 2013 to February 2017.
• Housing loan outstandings to households for owner occupation series for the periods May 2016 to January 2017.