Ensure you never miss an issue of the
real estate business bulletin
Network records $1bn in rural sales

Network records $1bn in rural sales

by Reporter 0 comments

Staff Reporter

A major network has reported it has achieved $1 billion in rural sales this year alone.

Ray White’s rural division reported that this year had marked a distinct change in the rural property market, which had experienced a few years of slow growth in sales.

Paul White, the company’s joint chairman, announced the rural division of the Ray White Group had achieved $1 billion in sales for the first 11 months of 2013. This is a figure the group has not achieved since 2010.

“This has been a good year for rural sales, particularly in the mid-range,” Mr White said. “Given the challenges of the rural industry in recent years, this achievement is extremely pleasing.

“There’s not been a lot of huge sales. In fact, a majority of movement has been in the $1.5 million to $5 million bracket.

“New South Wales has improved significantly, while Queensland has remained relatively flat,” he said.

le>.b-autolinks{text-decoration:underline}.b-autolinkshadowbox { display: inline; position: relative; cursor: pointer; color: #428bca;} .b-autolinkshadowbox:hover > span { display: block !important; } .b-autolinkshadowbox__links { white-space: nowrap; z-index: 999; display: none; left: 0; border: 1px solid #bfbfbf; border-radius: 5px; font-size: 12px; top: 12px;color: #000; padding: 10px; position: absolute; background-color: #FFF; box-shadow: 0px 0px 20px 1px #bfbfbf; } .b-autolinkshadowbox__links > a { display: block; padding: 3px 0; }
Network records $1bn in rural sales
lawyersweekly logo
promoted content
Recommended by Spike Native Network
Listen to other installment of the Real Estate Business Podcast
reb top 100 agents 2017

With a combined sales volume of over $14 billion in 2017, 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
Removing financial risk and increasing buyer interest

Listsure is a service which aims to take the financial risk out of selling a property.  It achieves this by providing a unique finance and ...

View all podcasts

Would you consider working for Purplebricks or a similar 'DIY' model?

Perhaps - make me an offer
Do you have an industry update?