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    Ray White Now is our monthly deep dive into data that informs our agents and customers about market activity, buyer and seller sentiment and what to expect when coming to market. Our economics team, led by Ray White Chief Economist Nerida Conisbee, extracts data from numerous different sources to bring you analysis of price movements, listings on the market and auction insights, in real time, to give you an up-to-the-minute understanding of the real estate market in its entirety.

    Price movements
    The gap between houses and units widens
    The national median house price now sits at $1.03 million, more than double the $500,000 recorded a decade ago, while the median unit price has grown to $750,000 from $470,000 over the same period.
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    Listings activity
    Steady build in new stock coming to market
    Active listings nationally rose to 607,634 in June, up from 606,435 in May and continuing a gradual climb from the recent low of 591,176 recorded back in December.
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    Open home attendance
    Buyer caution building more quickly this cycle
    Open home attendance has fallen to 2.1 attendees per inspection on a four-week rolling basis by the end of June, a sharper and earlier decline than either 2024 or 2025.
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    Auction insights
    Softening in buyer engagement
    Registered bidders have eased to 2.4 per property, with active bidders down to 1.8 both continuing a downward trend that has been building since the early autumn peak of 5.0 registered and 3.1 active bidders.
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