Ray White revealed last week it had achieved the stellar result off the back of a robust market.
“It signifies how broad-based the confidence in property has been,” said Ray White Group chairman Brian White.
Of that figure, Ray White NSW achieved its second $1 billion month in less than six months.
Ray White Victoria also set a new record of $451 million, reflecting a dramatically improved Melbourne market.
“This is another example where the strength of Sydney has influenced things. Even with an excellent Melbourne market, the impact of Sydney is still huge,” Mr White said.
NSW CEO Stephen Nell said the results in Sydney, the regions, and even rural markets were not all market driven.
“Our 230 offices across NSW have collectively sold over $1 billion in real estate for the second time since November 2013.
“I believe this result is not completely market driven, but driven through the skills of our agencies” Mr Nell said.
“We’re seeing our offices develop into mature businesses and I’m extremely proud of the results they have achieved.”