The trend estimate for the total value of dwelling finance commitments excluding alterations and additions rose 0.3%. Investment housing commitments rose 1.1%, while owner occupied housing commitments fell 0.1%.

In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions fell 1.8%.

In trend terms, the number of commitments for owner occupied housing finance fell 0.1% in July 2016.

In trend terms, the number of commitments for the construction of dwellings fell 0.3%, while the number of commitments for the purchase of new dwellings rose 0.4%, and the number of commitments for the purchase of established dwellings fell 0.1%.