Sell with Confidence
Read More
News

What happened to the Markets in January 2012?

By Jessica Ridder

Market Review

Ray White Blackheath got off to a good start for 2012 selling 2 out of 4 properties ‘Under the Hammer’ at their first Auction on the 26th February. The campaign went well with good numbers through the open homes and offers on all 4 properties on Auction day. Private treaty properties have also benefited from the increased buyer numbers in February.
Nationally, a Sydney Morning Herald article said the Greek deal has helped push the Australian share market higher and gives the Reserve Bank even less reason to cut rates when it meets in early March.

The latest finalised auction data from property researcher APM showed healthy clearance rates, Sydney’s clearance rate was 58%, while Melbourne sat on 62%. Brisbane fell slightly to 30% and Adelaide was also down at 21%.

Up to Date

Latest News

  • Ray White Katoomba is open for business!

    Local Real Estate news The Blue Mountains property market has gone from strength to strength over the last couple of months as city based residents look to relocate to more rural areas as their work arrangements become more flexible. At Ray White Blackheath & Ray White Katoomba we are currently … Read more

    Read Full Post

  • What happened to the markets in December 2020?

    Wishing you and your family a very Merry Christmas and a Happy New Year. Thank you to everyone who has dropped a gift in for our annual Christmas appeal ‘Little Ray of Giving’. We have already collected over 200 gifts, these have been picked up by Thrive Services Katoomba and … Read more

    Read Full Post