It is so hard to read long term trends in the industry’s January results. The group’s total result of $2.05billion was satisfactory, seeing it slightly ahead of January 2014.
The commercial property markets were unseasonally active in the new year period. Developers remained focussed on securing their next development sites, to take advantage of strengthening house and apartment values as well as a stable outlook.
Loan Market’s settled loans continued to grow year on year in January, continuing the tend we have seen with a 12 per cent growth rate.
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