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

  • Welcome Abby Betson – Property Management

    A warm welcome to Abby Betson who compliments our experienced Property Management Team. Working in Property Management since 2014, Abby has a passion for customer relations and strives to deliver a positive outcome for all her clients. Abby brings a high level of professionalism, a great attitude, and efficiency to … Read more

    Read Full Post

  • Rental Demand at an all time high in Bli Bli.

    Property experts across Queensland say the coronavirus pandemic has created a “perfect storm” for the state’s rental market, with less than 1 per cent of rental properties available in some regions and real estate agents flooded with demand. Demand is so high on the Sunshine Coast that … Read more

    Read Full Post