Ray White Now - July 2024 | Page 14

Total unconditional sales
Total value of all unconditional sales per month ($ M ) - Australia
$ 8,000
7,000
6,000
5,000
4,000
3,000
Jan 2022
Apr
Jul
Oct
Jan
2023
Apr
Jul
Oct
Jan
2024
Apr
Made up of Ray White sales presenting around 13 % of the market . Source : Ray White
The Ray White Group has shown resilience in its performance despite a market characterised by low listing volumes . While May saw an uptick in confirmed sales , initial data for June indicates a slight decline in transactions . Despite monthly fluctuations , this month ’ s sales totaled $ 7.32 billion , marking a significant 13.2 per cent increase compared to June 2023 .
This impressive year-on-year growth has been observed across all states , with South Australia | NT , Western Australia , and Queensland showing particularly strong results . Furthermore , the network has experienced increased commercial activity , an encouraging development given the sector ’ s challenges and the overall reduction in investment activity .