Last week’s results built on the momentum of the past few months. It was another week of consistent and very strong buyer activity.
Ray White Sold 997 properties last week, a 75 per cent increase on the week prior.
We sense a growing degree of confidence arising from the easing of restrictions and our customers are becoming more aware of the evidence of strong sales results.
Despite all of the above, we again saw a reduction in the number of new properties coming onto the market last week. All of this supports our recommendation that now is an opportunistic time to place your property on the market.
Please click on the link below for some further insight into the current real estate market.
Have a great long weekend and Stay Safe!
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The real estate industry has savaged Daniel Andrews’ roadmap out of coronavirus lockdown restrictions, saying it could operate safely. But other experts have been more understanding of the necessity of a slow return to normal. On-site auctions can’t resume in Victoria until at least October according to the state government’s … Read more
Whilst the number of new listings to the market is trending down, confidence is brimming among buyers across our auctions last week where we witnessed one of our best weeks. Home loan commitments are also up 11.8 per cent from their level this time last year, illustrating the depth of … Read more