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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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