Sell with Confidence
Read More

What Happened In The Markets In May?

By Georgina Shanahan

The Ray White’s group’s results of $3.3 billion took the group to equal its all time record and most significantly, by far its best May ever.  The key strength in May came through in NSW where we are now consistently achieving $1 billion per month in sales, this has never happened before.

What was remarkable in the Group’s results was the strength in the commercial sector with roughly $400 million worth of sales achieved through their specialist activities.

Ten new offices – mostly in Melbourne and Sydney – opened in May.  No doubt confidence in recent property markets has encouraged many young practitioners to create their own business.

Click Here to read the latest edition of The White Paper, Brian White’s review of the market and Ray White Group activity in May.

Up to Date

Latest News

  • Ray White Now June 2022

    We now have a new federal government and with that comes change in leadership, policies and the way the country is run. The changing of the guard also comes at an interesting time for our economy and our property markets, with significant change in both since the start of the … Read more

    Read Full Post

  • Ballarat Vacancy Rates for May

    The residential rental vacancy rate in Ballarat has increased to 1.4% in May according to the latest figures released by the Real Estate Institute of Victoria. Ballarat’s median rent for houses in May has dropped slightly to $380 per week and the median rent for units/townhouses has increased to $325 … Read more

    Read Full Post