Introducing Ray White Now, an insight to provide clarity to all our customers on what is happening in the market now. If you are considering selling we explain how you can take advantage of the current conditions to achieve the best possible sales outcome.
The resilience of the Australian housing market has never been more evident than over the past two months. Most Australians would be surprised at the level of activity and prices achieved, even though it has operated under restrictive operating conditions.
Despite the broader anxiety in the broader community, in the month of April 2020, Ray White sold over 3,012 properties for $1.95 billion. This is a remarkable number. Considering that much of the economy and community was in lockdown, the total value of sales in the month was only 16 per cent less than in the same month in 2019.
And, when we look at those properties that successfully settled in April, the value totaled $2.77 billion which was 6.2 per cent higher than the same month in 2019.
As Australasia’s largest real estate group, selling one in every nine homes across Australia, we are uniquely placed to provide our clients with the most relevant and timely information and data to assess current market activity and outlook. And as a family owned and led business with 118 years of experience including operating through two world wars, the great depression and recessions, we know that we can deliver you the highest quality solutions in the current market.
Take a look at this latest Ray White Now release here: Ray+White+Now+_+Updated+weekly+Ray+White+Now+_+Vol+3+-+1+June+2020
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