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SEPTEMBER KEY FIGURES

	Trend estimates		Seasonally adjusted estimates
	Sep 2009	Aug 2009 to Sep 2009	Sep 2009	Aug 2009 to Sep 2009
Value of dwelling commitments(a)	$m	% change	$m	% change
Total dwellings	23 343	0.3	23 847	4.8
Owner occupied housing	17 141	0.0	17 596	6.7
Investment housing - fixed loans(b)	6 202	0.8	6 251	-0.1
Number of dwelling commitments(a)	no.	% change	no.	% change
Owner occupied housing	64 230	0.0	65 505	5.1
Construction of dwellings	6 955	2.2	7 221	8.0
Purchase of new dwellings	2 723	0.5	2 745	-0.6
Purchase of established dwellings	54 552	-0.3	55 538	5.0
(a) Includes refinancing (see Glossary).
(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 0.3%. Investment housing commitments increased 0.8% and owner occupied housing commitments recorded no change in percentage terms.
• In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions increased 4.8%.

• In trend terms, the number of commitments for owner occupied housing finance remained unchanged in percentage terms.
• In trend terms, the number of commitments for the construction of dwellings increased 2.2% and the number of commitments for the purchase of new dwellings increased 0.5%.
• In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments rose, increasing from 24.7% in August 2009 to 26.1% in September 2009.
• In original terms, the number of fixed rate loan commitments as a percentage of total owner occupied housing finance commitments decreased from 6.3% in August 2009 to 5.6% in September 2009.