PHOTO: Ray White
MARCH is always such an important month for us and brings with it expectations of larger volumes which tend to set the tone for the year ahead.
Last March saw our numbers started to spiral downward from the huge 2017 highs, a trend that continued during 2018, and gathered steam in the final months of that year.
And so our March 2019 results were keenly anticipated and our overall results came in at $3.75B in traded sales – down 11 per cent on last year. The headline sales number was certainly a much better result than February, because our overall drop was less and our NSW results are showing some promising signs.
All of our residential markets were down on last year. The Victorian market is now clearly the most sluggish, with sales figures over 20% less than last year and lower again compared to 2017. However, all other markets are down but by much less, with NSW down just 13 per cent on last year.
READ MORE VIA RAY WHITE