Sell with Confidence
Read More
News

Ray White achieves new record in October

By Ed Hackenberg

The Ray White Group achieved $3.5b worth of sales across Australia and New Zealand in October.

Our Group chairman Brian White said the results reflect “the best property market in memory”.

“For Ray White, $3.5billion for the month is an all-time record.

“Never before have we had so many offices achieve $40million in sales. Great strength in the eastern states of Australia with remarkable resilience in New Zealand, resulting in the best property market in memory.

“It’s not far off two years since the Australian market really began its surge. New Zealand celebrates its third buoyant year next March.

“Record volumes of auctions reflect the confidence of vendors that now is the ideal time to test the market,” Mr White said.

Ray White NSW achieved $1.1b in sales and the Ray White commercial division was up 90 per cent on the same time last year.

“We saw commercial markets producing fabulous results in all sectors. The power of the property market in Sydney stood out more than ever this month,” Mr White said.

The best performing Ray White offices in October included Glen Waverley (Vic), Double Bay (NSW), Remuera and Auckland Central Commercial (NZ) as well as New Farm, Surfers Paradise and Ascot (Qld).

Up to Date

Latest News

  • Interest rate rise will mean more headaches

    An interest rate rise will mean more headaches for renters and mortgage holders. Interest rates increased this month (Nov 2023) by 0.25 per cent. It won’t help fuel prices or electricity costs, it will prolong the rental crisis, worsen housing supply and further push up house prices. It will squeeze … Read more

    Read Full Post

  • Bli Bli Village Town Centre Gears Up for the Bli Bli Hotel

    Bli Bli has recently witness the unveiling of the eagerly-awaited third and final stage of its Village Town Centre. Headlining this development is the $32 million Bli Bli Hotel, a collaborative venture between renowned Sunshine Coast hotelier Scott Armstrong and Developer, Michael White. The Bli Bli Hotel is set to … Read more

    Read Full Post