• Summary
• Downloads
• Explanatory Notes
• Related Information
• Past Releases

FEBRUARY KEY FIGURES

	Trend estimates		Seasonally adjusted estimates
	Feb 2009	Jan 2009 to Feb 2009	Feb 2009	Jan 2009 to Feb 2009
Value of dwelling commitments(a)	$m	% change	$m	% change
Total dwellings	19 086	1.7	19 229	1.3
Owner occupied housing	14 281	2.8	14 509	2.7
Investment housing - fixed loans(b)	4 805	-1.5	4 720	-2.8
Number of dwelling commitments(a)	no.	% change	no.	% change
Owner occupied housing	55 847	2.5	56 235	0.4
Construction of dwellings	4 455	2.7	4 557	2.6
Purchase of new dwellings	2 360	4.5	2 364	4.2
Purchase of established dwellings	49 032	2.4	49 315	0.0
(a) Includes refinancing.
(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 1.7%. Owner occupied housing commitments increased 2.8%, while investment housing commitments decreased 1.5%.
• In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions increased 1.3%. Owner occupied housing commitments increased 2.7%, while investment housing commitments decreased 2.8%.

• In trend terms, the number of commitments for owner occupied housing finance increased 2.5%. The number of commitments for owner occupied housing finance excluding refinancing rose 3.2%.
• In trend terms, the number of commitments for the purchase of new dwellings increased 4.5%.
• In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments increased from 26.5% in January 2009 to 26.9% in February 2009, the highest proportion since the series commenced in 1991.
• In original terms, the number of fixed rate loan commitments as a percentage of total owner occupied housing finance commitments decreased from 3.8% in January 2009 to 2.7% in February 2009.