Australia’s population growth increased by 290,000 people in the 12 months to June 2022 and this rate of increase is expected to continue to increase this year. While this increase is good news for sectors experiencing employment shortages and for our economy, it is coming at a time where the number of houses being built is starting to fall.
Hear from Ray White Chief Economist Nerida Conisbee 👉 Real Full Article
Welcome to Ray White Now – November 2023 Despite more homes on the market and higher interest rates, capital city house prices continue to rise, nearing a $1 million median. Regional areas also show strong price growth. While spring listings have been limited due to higher rates and uncertainty, our … Read more
Welcome to Ray White Now – October 2023 Each month, we take a deep dive into our data, with a focus on: House price movements Listing activity Auction insights Market turnover We hope that this analysis will give you and your customers a holistic view of the market in order to … Read more