NSW hits first billion dollar month

The numbers are in and for the first time in Ray White’s history, one state market has sold one billion dollars of property in one month.

Ray White NSW has achieved over one billion dollars in real estate sales for the month of November, reports Ray White Group chairman Brian White.

“It reflects that the build up in anticipation was on solid foundation. It was the perfect balance when vendors sensed that an attractive price for their property was going to be possible with the confidence of purchasers that the market still had further upside,” Mr White said.

Stephen Nell, the company’s NSW CEO, says the strength in Sydney, the regions and even rural markets contributed to the milestone month.

“Our 230 offices across NSW have collectively sold over one billion dollars in real estate. This is a real milestone for us, as it hasn’t been achieved in any market in our network,” Ray White NSW CEO Stephen Nell said.

“It’s a testament to owners of properties having more confidence in Ray White to achieve the best results,” he concluded.
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Media contact: Lyndsey Douglas, 0424203935