It’s what we have been waiting for all year. A real estate month without a looming election!!!
Combined with warm spring weather across most of our markets we saw rarely seen clearance rates at auction. Reminiscent to the last time we saw such success in the mid 2000s!
Perhaps the major property news circulating across the specialist real estate media is a focus on the continuing appeal of Australian and New Zealand assets to Asian – primarily Chinese – buyers. This was reinforced during last month’s major Beijing property exhibition where Ray White had the largest exposure in the international component.
Ray White’s figures at $2.4 billion in unconditional sales were nicely up on last year. All Australian states and New Zealand were consistent – the only softness being the confidence hit that resource regions in Australia are now experiencing.
Whilst our Loan Market settlements were just slightly up on last year, nearly $500million, loan submissions were a whopping 50 per cent over September last year at $763million. Perhaps the best reflection on the strength of our markets.
Click Here to read the latest edition of The White Paper, Brian White’s review of the market and Ray White Group activity in September.
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
This festive season, Ray White will continue its successful charity drive ‘A Little Ray of Giving’ for the thirteenth year running. This holiday campaign is a tradition for the brand, and serves as an opportunity for hundreds of local branches to connect with their communities while raising awareness and much-needed … Read more