We had such a fantastic December that we naturally anticipated having a bumper January. The month of January came in at just over $2billion, up slightly on January last year. Many of our offices reported that they had such a rush of sale completions in December that they just didn’t have the stock in January!
On the Loan Market front, January saw $1billion in receipted mortgage settlements across Australia and New Zealand, with the Australian network experiencing 28 per cent growth on last year.
This month we also announced our partnership with the NSW Waratahs in the Super Rugby competition.
Click Here to read the latest edition of The White Paper, Brian White’s review of the market and Ray White Group activity in January.
Local agents Will Munro and Sam Borner have teamed up with Peter Ludbrook and Jarrod Cloke to create a powerhouse business at Ray White Ballarat. The merger of the two strong local real estate agencies solidified a powerful alliance in the local real estate market. This strategic move represents a … Read more
Australian property prices continued to increase in December and into January and are now well above the previous peak in 2021 for both houses and units. While surprising, given the rapid interest rate increases, the growth reflects a combination of continued population growth and limited new housing supply. With supply … Read more