The trend estimate for the total value of dwelling finance commitments excluding alterations and additions rose 0.8%. Investment housing commitments rose 1.7%, and owner occupied housing commitments rose 0.2%.

In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions rose 0.4%.

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

In trend terms, the number of commitments for the purchase of new dwellings rose 1.4%, the number of commitments for the construction of dwellings rose 0.2%, and the number of commitments for the purchase of established dwellings rose 0.1%.