The Australian Bureau of Statistics yesterday released its monthly analysis of dwelling finance commitments for June 2017, and compared these with its May 2017 results.On these latest ABS numbers, owner occupied housing commitments rose 0.5 per cent while investment housing commitments fell 0.9 per cent. This meant the trend estimate for the total value of dwelling finance commitments, excluding alterations and additions, was assessed as flat. The number of new home loans was down by four per cent on a year ago.The value of loans by owner-occupiers and investors to build new homes rose by 11.1 per cent in June to a record high of A$3.31 billion.In seasonally adjusted terms, the total value of dwelling finance commitments - again, excluding alterations and additions - rose 0.8 per cent in the month.Jo Horton, senior economist at St George Bank, said: "Despite the pickup in lending in June, policy measures appear to have had some impact in shifting demand from investors towards first-home buyers over the past few months. These policies will likely have a further impact in coming months."In a further comparison by the ABS, in trend terms, the number of commitments for owner occupied housing finance fell 0.2 per cent in June 2017, down from May 2017.In trend terms, the number of commitments for the construction of dwellings rose 1.9 per cent and the number of commitments for the purchase of new dwellings rose 1.3 per cent, while the number of commitments for the purchase of established dwellings fell 0.5 per cent.In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments rose to 15 per cent in June 2017, slightly up from 14 per cent in May 2017.