Economic Updates

The joy of Spring! In real estate terms that joy is manifested in better sales.

The last month of winter provided a slightly better level of results than we had been anticipating - always difficult to create sales volumes when listings are tight!

July was the first month in many years in which we have witnessed reduced real estate sales activity right across Australia and New Zealand.

Refinancing your home loan isn’t as daunting as it sounds.

First, Ray White has been recognised in EY’s Top 50 Global Family Business Index for 2016.

We saw so much discussion around the future ownership and leadership structures of other agency groups - speculation on potential takeovers, mergers and alliances dominated industry media - all seeking to challenge our market leading position

The sale to a local purchaser of four harbourside properties in Vaucluse by three different owners was indeed a remarkable event.

At $3.7billion, it’s hard not to be satisfied! Slightly higher than March 2015. The lack of stock in NSW hampered their results even though offices such as Double Bay produced its best ever result of $128million.

February is always an absorbing month.

January is never a ‘look forward’ month for those of us in real estate chasing new records!

There is one constant feature that occurs at the end of each calendar year - forecasters predicting what’s going to happen in the following year!!

Some significant changes to the way in which real estate in Sydney is bought and sold are being introduced at the start of the new year, as the industry aims to clamp down on unscrupulous operators.