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FEBRUARY KEY FIGURES

	Trend estimates		Seasonally adjusted estimates
	Feb 2008	Jan 2008 to Feb 2008	Feb 2008	Jan 2008 to Feb 2008
Value of dwelling commitments(a)	$m	% change	$m	% change
Total dwellings	22 254	-0.2	21 500	-7.1
Owner occupied housing	15 446	-0.2	14 947	-6.0
Investment housing - fixed loans(b)	6 808	-0.2	6 553	-9.5
Number of dwelling commitments(a)	no.	% change	no.	% change
Owner occupied housing	65 836	0.1	63 817	-5.9
Construction of dwellings	4 815	0.0	4 843	0.6
Purchase of new dwellings	2 216	-3.8	2 261	0.3
Purchase of established dwellings	58 805	0.2	56 713	-6.6
(a) Includes refinancing.
(b) Excludes revolving credit.

Value of dwelling commitments, Total dwellings

Number of dwelling commitments, Owner occupied housing

• In trend terms, the total value of dwelling finance commitments excluding alterations and additions decreased by 0.2%. Both investment housing commitments and owner occupied housing commitments decreased by 0.2%.
• In seasonally adjusted terms, total value of dwelling finance commitments excluding alterations and additions decreased 7.1%. Investment housing commitments decreased 9.5% and owner occupied housing commitments decreased 6.0%.

• In trend terms, the number of commitments for refinancing of established dwellings rose 2.1% and the seasonally adjusted series decreased 5.7%.
• In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments decreased from 18.0% in January 2008 to 17.2% in February 2008.
• In original terms, the number of fixed rate loan commitments as a percentage of total owner occupied housing finance commitments increased from 22.3% in January 2008 to 23.8% in February 2008.