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MARCH KEY FIGURES

	Trend estimates		Seasonally adjusted estimates
	Mar 2014	Feb 2014 to Mar 2014	Mar 2014	Feb 2014 to Mar 2014
Value of dwelling commitments(a)(b)	$m	% change	$m	% change
Total dwellings	27 519	0.2	27 346	-1.1
Owner occupied housing	16 740	0.1	16 640	-1.2
Investment housing - fixed loans(c)	10 778	0.4	10 705	-0.8
Number of dwelling commitments(a)(b)	no.	% change	no.	% change
Owner occupied housing	51 952	-0.1	52 013	-0.9
Construction of dwellings	6 220	1.7	6 265	2.1
Purchase of new dwellings	2 673	-1.4	2 686	1.6
Purchase of established dwellings	43 059	-0.3	43 062	-1.5
(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 0.2%. Investment housing commitments rose 0.4% and owner occupied housing commitments rose 0.1%.
• In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions fell 1.1%.

• In trend terms, the number of commitments for owner occupied housing finance fell 0.1%.
• In trend terms, the number of commitments for the purchase of new dwellings fell 1.4% and the number of commitments for the purchase of established dwellings fell 0.3% while the number of commitments for the construction of dwellings rose 1.7%.
• In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments rose to 12.6% in March 2014 from 12.5% in February 2014.

• Owner occupied housing values for the periods February 2011 to February 2014
• Housing loan outstandings to households for the periods of January and February 2014