Ray White Group Managing Director Dan White:
The central bank today dropped the cash rate after an emergency out-of-cycle board meeting to a record low of 0.25 per cent.
We’re calling on all the banks and lenders to pass on their rate easing in full, just as they did only 16 days after the latest rate cut.
Market forces set prices but we can help create the competitive environment through our skilled agents and marketing. There will always be people looking to transact.
Our members will always be able to create competition for our buyers and sellers in any market that we are faced with.
We are prepared and ready to work in this ‘new normal’ environment.
Source www.raywhite.com
While most data companies are suggesting that growth only commenced in February, Ray White’s analysis reveals that the market actually began its upward trajectory in January, as buyers started pricing in the rising potential for interest rate cuts. Growth spreads across the country February data shows the Australian housing … Read more
Home buying is at its peak in spring, making it the perfect season for a lounge room refresh. Spring is not just a season; it’s a feeling of renewal and possibility. As the flowers bloom, so too does the housing market, with 2.4 million realestate.com.au users intending to move over … Read more