The total value of dwelling commitments excluding alterations and additions (trend) rose 0.6% in January 2012 compared with December 2011, while the seasonally adjusted series fell 2.3% in January 2012. The total value of owner occupied housing commitments (trend) rose (up $110m, 0.8%) in January 2012, following a rise of 0.9% in December 2011. Rises were recorded in commitments for the purchase of established dwellings (up $105m, 0.9%) and construction of dwellings (up $6m, 0.4%), while commitments for the purchase of new dwellings was flat ($0m, 0.0%). The seasonally adjusted series for the value of owner occupied ... (full story)