Ray White real estate group saw its sales volumes surge in December to be 40 per cent higher than the same month in 2008.
According to the real estate group’s chairman Brian White, Ray White’s total sales in December eclipsed $2.4 billion, significantly more than the $1.7 billion recorded in the corresponding month in 2008.
“The market during 2009 was widely fluctuating but we have ended the year with very strong figures, something no one would have guaranteed 12 months previously,” Mr White said.
Ray White’s top performing market in December, 2009, was New South Wales with residential sales totalling $698 million – a 66 per cent increase on December, 2008.
Western Australia was up 58 per cent, while Queensland rose 33 per cent and Victoria 30 per cent.
The company’s commercial section also recorded strong improvement in sales volumes, growing 63 per cent year on year.