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November proved to be the biggest month in the history of one of Australia’s largest and oldest real estate brands.
For the first time in Ray White’s history, one billion dollars of property was transacted in NSW.
“It reflects that the build-up in anticipation was on solid foundations,” said chairman Brian White. “It was the perfect balance, when vendors sensed that an attractive price for their property was going to be possible with the confidence of purchasers that the market still had further upside,” he said.
NSW chief executive Stephen Nell said strength in Sydney, the regions and even the rural markets had contributed to the landmark month.
“This is a real milestone for us, as it hasn’t been achieved in any market in our network,” Mr Nell said.
“It’s a testament to owners of properties having more confidence in Ray White to achieve the best results,” he concluded.
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