Ray White’s sales for April was far from tawdry coming in at 18 per cent over last year with a total figure of $2.44 billion.
Interest rates in Australia are again under debate. Amazingly, talk about softening the Australian economy is back in vogue. The reduction in the overall housing stock on the market is, to us, a sign of confidence by sellers that prices are likely to improve. Might this prove to be a resilient winter market?
Supporting this were our strong Loan Market numbers for April (submissions up 20 per cent on the previous year) reflecting this underlying confidence.
Click Here to read the latest edition of The White Paper, Brian White’s review of the market and Ray White Group activity in April.
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