Ray White Now - August 2024 | Page 14

The Ray White Group continues to perform resiliently in a market with limited listings . Following a minor dip in June transactions , July has shown signs of recovery . Market fluctuations persist month-to-month , with interest rate uncertainties causing some caution among both buyers and sellers . Despite this , July sales reached $ 7.75 billion , a remarkable 27.2 per cent increase from the same period last year .
This strong annual growth is evident across the country , with South Australia | NT and Queensland leading , closely followed by Western Australia . The network has also seen an uptick in commercial activity , a positive sign given the sector ’ s challenges and the broader slowdown in investment .