Group reports more good news from WA

Group reports more good news from WA

17 January 2013 by Simon Parker 0 comments

Staff Reporter

Harcourts WA posted a 20 per cent on-year rise in sales in the final quarter of 2012, with more growth expected in the coming 12 months.

“We noticed enquires started to build over the last quarter of 2012 which resulted in a 20 per cent increase in sales for the period,” said Harcourts WA chief executive officer, Stuart Cox.

“A lot of our WA offices also made strong sales during the Christmas holiday period, which signifies a strong start to 2013.”

December has proven to be a great month for a number of real estate groups across the country, including Ray White, WA-based ACTON and NSW-based Starr Partners.

Mr Cox said Western Australia’s property market was poised for growth on the back of a number of factors.

“Key factors such as population growth, low interest rates, improved housing affordability, and a tight rental market have already started to draw buyers and investors back into the property market, and this momentum should continue to build throughout the year,” Mr Cox said.

“As a group, we are looking forward to a positive 2013 and we are excited about the prospects for the year ahead.”

Staff Reporter

Harcourts WA posted a 20 per cent on-year rise in sales in the final quarter of 2012, with more growth expected in the coming 12 months.

“We noticed enquires started to build over the last quarter of 2012 which resulted in a 20 per cent increase in sales for the period,” said Harcourts WA chief executive officer, Stuart Cox.

“A lot of our WA offices also made strong sales during the Christmas holiday period, which signifies a strong start to 2013.”

December has proven to be a great month for a number of real estate groups across the country, including Ray White, WA-based ACTON and NSW-based Starr Partners.

Mr Cox said Western Australia’s property market was poised for growth on the back of a number of factors.

“Key factors such as population growth, low interest rates, improved housing affordability, and a tight rental market have already started to draw buyers and investors back into the property market, and this momentum should continue to build throughout the year,” Mr Cox said.

“As a group, we are looking forward to a positive 2013 and we are excited about the prospects for the year ahead.”

promoted content
Recommended by Spike Native Network
Listen to other installment of the Real Estate Business Podcast
reb top 100 agents 2016

With a combined sales volume of $13 billion in 2016, the Top 100 Agents ranking represents the very best sales agents in Australia. Find out what sets them apart and learn their secrets to success.

featured podcast

featured podcast
REVEALED: The 10 best agents in Australia for 2017

For the first time ever, the top 10 agents in the REB Top 100 Agents ranking are revealed in this exclusive podcast. ...

View all podcasts

Are dodgy agents being punished enough?

Yes (8.6%)
No (55%)
Only in some states (2.3%)
Not all dodgy agents are being found out (34.1%)

Total votes: 220
The voting for this poll has ended on: April 15, 2017
Do you have an industry update?