Tradition has determined that December will be a “slow month”. Annual budgets generally provide for discounted figures in December. There is an increasing awareness that, in terms of number of operational business days, December generally trades at the same sales rate as any other time of the year. By the end of December 2013, we had a sales result that would rival any month of cycle! The Ray White result for December just missed $3 billion by a whisker actually $2.96 billion, astonished us all.
Loan Market posted a record month with $596 million in settlements nationally. Our strongest states, exceeding budget, were NSW with a record $164 million in settlements followed by SA/NT with $57 million and QLD with $128 million.
Click Here to read the latest edition of The White Paper, Brian White’s review of the market and Ray White Group activity in December.
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