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.
Australian property prices maintained their strong upward trajectory in June 2025, with house values rising by 1.0 per cent to $941,101, marking a solid 7.0 per cent increase over the past year. This sustained growth highlights the significant influence of two interest rate cuts earlier in the year. The March … Read more
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