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MAY KEY FIGURES

	Trend estimates		Seasonally adjusted estimates
	May 2013	Apr 2013 to May 2013	May 2013	Apr 2013 to May 2013
Value of dwelling commitments(a)(b)	$m	% change	$m	% change
Total dwellings	23 289	1.2	23 433	2.0
Owner occupied housing	14 909	1.4	15 022	2.3
Investment housing - fixed loans(c)	8 380	0.9	8 411	1.5
Number of dwelling commitments(a)(b)	no.	% change	no.	% change
Owner occupied housing	49 097	1.8	49 636	1.8
Construction of dwellings	5 377	1.3	5 367	0.6
Purchase of new dwellings	3 020	3.6	2 993	0.7
Purchase of established dwellings	40 701	1.7	41 277	2.1
(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 1.2%. Owner occupied housing commitments rose 1.4% and investment housing commitments rose 0.9%.
• In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions rose 2.0%.

• In trend terms, the number of commitments for owner occupied housing finance rose 1.8%.
• In trend terms, the number of commitments for the purchase of new dwellings rose 3.6%, the number of commitments for the purchase of established dwellings rose 1.7% and the number of commitments for the construction of dwellings rose 1.3%.
• In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments rose to 14.6% in May 2013 from 14.3% in April 2013.

• Owner occupied housing for the period of February 2012 to April 2013
• Investment housing for the period of January 2012 to April 2013
• Housing loan outstandings to households for the period February 2013 to April 2013.