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What Happened In The Markets In February?

By Georgina Shanahan

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.

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