We have come off the sharpest rise in house prices ever recorded to now being greeted with the sharpest increase in interest rates since the 1980s. Despite this, house prices are not falling by as much or as quickly as you would expect. At this point, it is looking like we may not even get to a 10 per cent fall in Australian house prices and certainly nowhere near the 30 per cent decline that some are predicting. Given the circumstances, why are prices remaining so sticky?
Hear from Ray White Chief Economist Nerida Conisbee 👉 Real Full Article
Welcome to Ray White Now – December 2024. Each month, we take a deep dive into our data, with a focus on: House price movements Listing activity Auction insights We hope that this analysis will give you and your customers a holistic view of the market in order to spur effective … Read more
Ray White’s “A Little Ray of Giving” is back! An initiative, where we help thousands of underprivileged families at Christmas. 🎄🎄 We are excited to start spreading Christmas cheer and we need your help! We are partnering with Community Support Frankston for the 13th year, to help local families who … Read more