Property Market Information

Herron Todd White is the largest independent property valuation and advisory group in Australia. Their objective is to provide the highest level of client service with integrity, professionalism and independence.

Herron Todd White provide a comprehensive range of valuation, research and advisory services which are used by financial institutions, solicitors, accountants, property developers and corporations. We cater for all property valuation and consulting requirements, from individual residential properties to major development projects and corporate and government portfolios.

The Month In Review – Identifyies the latest market movements and trends for the various property markets.

Feature Article: History Repeats – A look at first quarters

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The Australian Valuers Institute

The Australian Valuers Institute was founded in 1938 and is the only Australian based industry body which solely represents property valuers.
 
The Institute aims to uphold the ethical standards of the valuation profession by ensuring that members render service to their clients with fidelity, to practice their profession with integrity, honor and professionalism whilst acting impartially and objectively when providing independent advice.

 Go now to: The Australian Valuers Institute

Lending Finance, Australia

Australian Bureau of Statistics June Key Figures released today.

June 2009 compared with May 2009:

HOUSING FINANCE FOR OWNER OCCUPATION

The total value of owner occupied housing commitments excluding alterations and additions increased 1.8% in trend terms and the seasonally adjusted series rose 1.0%.

PERSONAL FINANCE

• The trend series for the value of total personal finance commitments decreased 0.4%. Revolving credit commitments fell 2.5%, while fixed lending commitments rose 1.7%.
• The seasonally adjusted series for the value of total personal finance commitments increased 2.6%. Fixed lending commitments rose 5.8%, while revolving credit commitments fell 0.6%.

COMMERCIAL FINANCE

• The trend series for the value of total commercial finance commitments decreased 1.5%. Revolving credit commitments fell 5.2%, while fixed lending commitments rose 0.3%.
• The seasonally adjusted series for the value of total commercial finance commitments decreased 7.6%. Both revolving credit and fixed lending commitments fell, down 17.3% and 2.5% respectively.

LEASE FINANCE

• Lease finance commitments decreased 5.7% in trend terms and the seasonally adjusted series decreased 17.2%.

Source: 5671.0 – Lending Finance, Australia, Jun 2009