What Happened To The Markets In October?

By Georgina Shanahan

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.

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