Sell with Confidence
Read More
News

What Happened To The Markets In October ?

By Georgina Shanahan

First how good is it to be back in an environment where property has reemerged as being positive.  Staying outside the property game market is injurious to your financial health! It’s seven years since the last time we could say that.

We’re seeing record auction clearance rates.  Property prices are increasing in most markets, particularly the big cities.  The highest percentage of property is now being taken to auction. Confidence to upgrade one’s home is being backed by enthusiasm of a cycle a-go.

At Ray White, we didn’t get to $3billion in October as we’d hoped but we just missed.  Sydney, as it always seems to do early in a recovery, has led the way.  The appeal of Sydney for Asian purchasers is supporting this.  Melbourne and Queensland were also strong.

Loan Market set a new submissions record with $871million in loans lodged in Australia alone; further proof that the market is moving in our direction.

Click Here to read the latest edition of The White Paper, Brian White’s review of the market and Ray White Group activity in October.

Up to Date

Latest News

  • Ballarat Vacancy Rate Continues To Fall

    The August residential rental vacancy rate for Ballarat has fallen to 2.2%, down from 2.4% in July and 2.6% in March according to the latest figures released by the Real Estate Institute of Victoria. This is good news for Ballarat investors and proves how resilient the Ballarat rental market has … Read more

    Read Full Post

  • Ray White Now – Real Time Market Update 14th September 2020

    Welcome to this week’s real time residential market insights, we’ve created this document to provide clarity to all our customers on what is happening in the market now. As Australasia’s largest real estate group, selling one in every nine homes across Australia, we are uniquely placed to provide our clients with the … Read more

    Read Full Post