PHOTO: Ray White
With all April’s interruptions, Ray White offices recorded $3.2 billion in sales, some 14% down on April 2018.
It was a bigger drop than March when there were $3.75 billion in sales – down 11% on the prior March.
NSW was down from around $960 million in April last year to $806 million this April.
But the bigger drop was in Victoria from around $587 million to $406 million last month.
In NZ, total sales fell around $30 million to $758 million.
Tasmania was up slightly to $13 million.
With $664 million sales, Queensland was off only marginally, just 2% on last year which helped cushion the larger declines in other states, Ray White board director Dan White noted.
“Looking back on April, it was a tough month and we are actually glad it’s now behind us given all the public holidays, school holidays and the federal election campaign getting underway,” White said.
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