Ray White’s figures for the month of May reflected a steady continuing pattern that took shape earlier this year.
Strength in New Zealand, significant growth in Western Australia and powerful growth in New South Wales. The other Australian markets are yet to “leap forward”.
Figures for May added up to $2.7 billion – 17 per cent up on the same month last year. About what we were hoping for.
The Group’s Loan Market activity achieved an all time lodgement record of $833 million and an all time approvals record of $668 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 May.
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