Is there a bell ringing in Australia?
Everyone laments, once a market has turned upwards, that they hadn’t participated. They were unconvinced at the time, due to a lack of dramatic facts, that a market change for the better had happened.
Could it be the market in Australia changed in the month of February?
One of the biggest indicators is the open for inspection visitors. Ray White offices reported 50-70, or even more visitors to an open for inspection last month. Only a year ago it was down to a handful or even less.
Ray White’s sales for February totalled $2 billion which compares with last year.
Loan market results were steady with settlements totalling $445 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 February.
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