The relative lack of stock in August didn’t deter purchasers. Many of them seeking to purchase before they felt they would be under competitive pressure in the coming Spring campaigns.
August numbers turned out to be pretty impressive. Nicely up on last year (eight per cent) even with the traditional lack of stock that seems to always occur as part of the pre-election mode.
In Australia the feature has been the strength of the capital city markets, for example Ray White in Sydney where results were up 22 per cent on last year.
Our Loan Market settlements were $501,253,067 for Australia leading us into anther strong month.
Click Here to read the latest edition of The White Paper, Brian White’s review of the market and Ray White Group activity in August.
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
This festive season, Ray White will continue its successful charity drive ‘A Little Ray of Giving’ for the thirteenth year running. This holiday campaign is a tradition for the brand, and serves as an opportunity for hundreds of local branches to connect with their communities while raising awareness and much-needed … Read more