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MARCH KEY FIGURES

	Trend estimates		Seasonally adjusted estimates
	Mar 2012	Feb 2012 to Mar 2012	Mar 2012	Feb 2012 to Mar 2012
Value of dwelling commitments(a)(b)	$m	% change	$m	% change
Total dwellings	20 440	-0.2	20 184	-0.5
Owner occupied housing	13 574	-0.5	13 354	-0.3
Investment housing - fixed loans(c)	6 866	0.4	6 830	-1.0
Number of dwelling commitments(a)(b)	no.	% change	no.	% change
Owner occupied housing	46 715	-0.4	46 275	0.3
Construction of dwellings	5 161	1.1	5 186	0.2
Purchase of new dwellings	1 879	-1.3	1 946	13.4
Purchase of established dwellings	39 675	-0.6	39 143	-0.2
(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 fell 0.2%. Owner occupied housing commitments fell 0.5%, while investment housing commitments rose 0.4%.
• In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions fell 0.5%.

• In trend terms, the number of commitments for owner occupied housing finance fell 0.4%.
• In trend terms, the number of commitments for the purchase of new dwellings fell 1.3% and the number of commitments for the purchase of established dwellings fell 0.6%, while the number of commitments for the construction of dwellings rose 1.1%.
• In seasonally adjusted terms, the number of commitments for owner occupied housing finance rose 0.3%.
• In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments fell to 16.4% in March 2012 from 17.2% in February 2012.

• Investment housing for December 2011.