Prices are now firmly on the move everywhere in Australia, having increased by 3.5 per cent since the start of the year. At current rates of growth, house prices will be back to their 2022 peaks within the next two months. Ray White’s trading numbers have been steadily increasing since the market downturn began last year. In May, we recorded $7.2 billion in revenue, the highest level this financial year and only marginally down from May 2022. While this in part has been because of increasing market share, it has also been driven by improving market conditions.
We hope you enjoy this month’s Ray White Now and we look forward to providing you with more property market information in 2023.
Source: Ray White
Australian property prices maintained their strong upward trajectory in June 2025, with house values rising by 1.0 per cent to $941,101, marking a solid 7.0 per cent increase over the past year. This sustained growth highlights the significant influence of two interest rate cuts earlier in the year. The March … Read more
Australian property prices continue to demonstrate resilience with modest monthly growth across February 2025. House prices recorded a 0.2 per cent monthly increase, bringing the national mean to $909,617, while unit values rose by 0.2 per cent to reach $675,820. The market’s steady performance reflects ongoing supply constraints balancing against … Read more