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NOVEMBER KEY FIGURES

	Trend estimates		Seasonally adjusted estimates
	Nov 2016	Oct 2016 to Nov 2016	Nov 2016	Oct 2016 to Nov 2016
Value of dwelling commitments(a)(b)
	$m	% change	$m	% change
Total dwellings	32 723	0.6	33 199	2.2
Owner occupied housing	19 809	0.0	19 930	0.4
Investment housing - fixed loans(c)	12 914	1.7	13 269	4.9
Number of dwelling commitments(a)(b)
	no.	% change	no.	% change
Owner occupied housing	53 969	-0.1	54 603	0.9
Construction of dwellings	5 621	0.2	5 710	2.3
Purchase of new dwellings	2 691	0.7	2 755	3.3
Purchase of established dwellings	45 657	-0.2	46 139	0.6
(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 0.6%. Investment housing commitments rose 1.7%, while owner occupied housing commitments was flat.
• In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions rose 2.2%.

• In trend terms, the number of commitments for owner occupied housing finance fell 0.1% in November 2016.
• In trend terms, the number of commitments for the purchase of new dwellings rose 0.7%, the number of commitments for the construction of dwellings rose 0.2%, and the number of commitments for the purchase of established dwellings fell 0.2%.
• In original terms, the number of first home buyer commitments rose by 13.4% to 8,281 in November from 7,302 in October; the number of non-first home buyer commitments also rose. The number of first home buyers as a percentage of total owner occupier commitments rose from 13.7% to 13.8%.

• Owner occupied and investment housing from July 2015 to October 2016.
• First Home Buyers numbers from October 2012 to July 2016 (very small impact).