Economic updates

It is crazy to look back at what a usual day used to look like.

Usually we begin with a short meeting which is then followed by arrears follow up calls.

Our sales results for May brings more positive news for all Australian property owners.

APRIL 2020 will likely go down in the history books as the peak of the COVID-19 pandemic. 

On the back of a record January and with rising median house prices, we awaited our February results with more than usual interest.

We have kicked off the new year, a new decade with a new January personal best sales record.

Everyone at Ray White has $4.87 billion reasons to smile as the network just posted it’s biggest month ever in our 117 year history.

While momentum has been building over the past few months, few would have expected a month as strong as October 2019.

September 2019 was a welcomed return to much healthier activity as the housing market made further progress in its recovery.

There were lots of very positive signs.  Sales volumes up for the second month in a row, all our auction metrics strengthening further, and average days on market great 12 months lows.

We started it with a fair degree of concern, being pounded by headlines predicting we would have a shocker.

At the end of the financial year, while many people take a break and re-gather their energy for the rest of the year, we are very proud of the fact our members sold $40.76 billion in unconditional sales in 2018-19.