The Ray White Group has maintained its robust performance since the beginning of the year , with the latest May results indicating a continued upward trend . Although there was a slight slowdown during the Easter period and the disruption caused by the misalignment of school holidays across all states , May has shown promising results with $ 8.1 billion in sales , representing an 18 per cent increase compared to May 2023 .
This substantial year-over-year growth has been reflected in all states , with Western Australia , South Australia , and Victoria reaching new record highs this month . Despite minor declines in Queensland and New South Wales , their performance remains strong over a 12-month period . Additionally , an increase in commercial activity across the network is a positive sign , considering the challenges faced by this sector and the overall decrease in investment activity .