Technically it’s the end of Summer but, in real estate terms that definition belongs to March! February is rarely regarded as an important month in terms of predicting trends or defining the current status of the market. It’s a month when listings are being replenished in our businesses.
The Ray White result for February came in at $2.5 billion. The powerhouse was New South Wales where the likes of our Newcastle office, in the third largest city in our state, matched the results of major city markets in Sydney.
Loan Market team submissions cracked $800 million, a strong continuation of their record breaking January. Not often our group establishes records in January.
Click Here to read the latest edition of The White Paper, Brian White’s review of the market and Ray White Group activity in February.
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
This festive season, Ray White will continue its successful charity drive ‘A Little Ray of Giving’ for the thirteenth year running. This holiday campaign is a tradition for the brand, and serves as an opportunity for hundreds of local branches to connect with their communities while raising awareness and much-needed … Read more