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AUGUST KEY FIGURES

	Trend estimates		Seasonally adjusted estimates
	Aug 2009	Jul 2009 to Aug 2009	Aug 2009	Jul 2009 to Aug 2009
Value of dwelling commitments(a)	$m	% change	$m	% change
Total dwellings	23 115	0.2	22 782	0.7
Owner occupied housing	16 965	-0.2	16 543	-1.7
Investment housing - fixed loans(b)	6 149	1.4	6 239	7.6
Number of dwelling commitments(a)	no.	% change	no.	% change
Owner occupied housing	63 820	-0.1	62 718	-0.6
Construction of dwellings	6 615	1.8	6 614	4.6
Purchase of new dwellings	2 707	0.6	2 760	4.9
Purchase of established dwellings	54 499	-0.4	53 344	-1.5
(a) Includes refinancing (see Glossary).
(b) Excludes revolving credit.

Value of dwelling commitments, Total dwellings

No. of dwelling commitments, Owner occupied housing

• In trend terms, the total value of dwelling finance commitments excluding alterations and additions increased 0.2%. Investment housing commitments increased 1.4%, while owner occupied housing commitments decreased 0.2%.
• In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions increased 0.7%. An increase was recorded in investment housing commitments, up 7.6%, while owner occupied housing commitments fell 1.7%.

• In trend terms, the number of commitments for owner occupied housing finance decreased 0.1%.
• In trend terms, the number of commitments for the purchase of established dwellings fell 0.4%, while the number of commitments for the construction of dwellings rose 1.8%.
• In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments fell, decreasing from 25.3% in July 2009 to 24.7% in August 2009.
• In original terms, the number of fixed rate loan commitments as a percentage of total owner occupied housing finance commitments decreased from 7.2% in July 2009 to 6.3% in August 2009.