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JULY KEY FIGURES

	Trend estimates		Seasonally adjusted estimates
	Jul 2009	Jun 2009 to Jul 2009	Jul 2009	Jun 2009 to Jul 2009
Value of dwelling commitments(a)	$m	% change	$m	% change
Total dwellings	23 145	0.9	22 460	-2.3
Owner occupied housing	17 300	0.8	16 884	-1.7
Investment housing - fixed loans(b)	5 845	1.0	5 576	-4.0
Number of dwelling commitments(a)	no.	% change	no.	% change
Owner occupied housing	64 681	0.5	63 259	-2.0
Construction of dwellings	6 484	2.6	6 323	-0.7
Purchase of new dwellings	2 663	0.6	2 614	-0.5
Purchase of established dwellings	55 534	0.3	54 322	-2.3
(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 0.9%. Investment housing commitments increased 1.0% and owner occupied housing commitments increased 0.8%.
• In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions decreased 2.3%. Decreases were recorded in both investment housing commitments, down 4.0% and owner occupied housing commitments, down 1.7%.

• In trend terms, the number of commitments for owner occupied housing finance increased 0.5%.
• In trend terms, the number of commitments for the construction of dwellings increased 2.6% and the number of commitments for the purchase of new dwellings increased 0.6%.
• In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments fell, decreasing from 27.1% in June 2009 to 25.7% in July 2009.
• In original terms, the number of fixed rate loan commitments as a percentage of total owner occupied housing finance commitments decreased from 8.0% in June 2009 to 7.2% in July 2009.