After a brilliant May for the first time since the GFC Ray White achieved a $3 billion result. Our June numbers weren’t able to achieve the same results coming in at $2.3 billion. One always hopes that figures will keep climbing!
All in all, it is leading to stock shortages right across the markets. This could be seen in the month on month fall in May listing numbers, where the Ray White Group was down 10 per cent and the overall market fell by 14 per cent.
Our Loan Market settlements were $500,524,000 – our best result since January 2012! The Loan Market numbers were boosted by refinance enquiry from borrowers looking to take advantage of historically low fixed rates.
Click Here to read the latest edition of The White Paper, Brian White’s review of the market and Ray White Group activity in June.
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