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What Happened To The Markets In February?

By Georgina Shanahan

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.

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