PHOTO: Ray White – March 2018 Results.
On the whole, the Ray White Corporate booked $4.2 billion in unconditional sales for March across Australia and New Zealand which was 10 per cent lower than last March. So we aren’t at the highs of 12 month ago, but we are still in a very active market, with days on market and clearance rates better than long term averages. This drop in overall activity was consistent along the major east coast markets. New Zealand bucked this trend and enjoyed its strongest month for some time. And our regional markets continue to perform strongly – for example we are seeing stronger buyer inquiry in the mining towns of the north west of Western Australian.
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