Ray White were rewarded in October with their best results for more than 2 years achieving $2.6billion of sales. What was more significant was the number of sales now rivalling the numbers in 2006-2007 period. In the latter part of 2012 purchaser confidence has definately been a feature.
The strength of the Asian purchaser particularly in Auckland cannot be overlooked at present. A more willing approach from the New Zealand government along with a favourable exchange rate is encouraging buyers from all different Asian markets.
A fabulous day was had by all in the month of October celebrating the 110th anniversary from when Ray White first opened. The tiny business started out in Crows Nest, Queensland.
Click Here to read the latest edition of The White Paper, Brian White’s review of the market and Ray White Group activity in October.
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