Sell with Confidence
Read More
News

Increasing New Home Sales In Queensland Good For Surfers Paradise Property Market

By Andrew Bell

Now could be the perfect time to consider purchasing Surfers Paradise property, with the number of new home sales across the nation increasing during the first part of 2014. This could be encouraging for anyone looking into options for real estate in Surfers Paradise

According to the latest Housing Industry Association (HIA) release,  January saw a nationwide 0.5 per cent increase in the number of total new home sales. Furthermore, compared with the same month 12 months earlier, new home sales were up by 17 per cent. The three months prior to January saw an increase of 22.3 per cent compared to the same period a year earlier.

In Queensland alone, detached home sales increased by 0.4 per cent duirng January 2014. In the three months leading up to January 2014, the state saw a 17.8 per cent increase in these sales – highlighting the overall strength of the market and the opportunities available for potential investment in the Sunshine State. 

"New home sales have been rising pretty steadily since the third quarter of 2012, encouraged by the falling interest rates and the return of confidence to the housing market," said HIA Senior Economist Shane Garrett in a March 3 statement. 

"The return of house price growth to most cities has done much to oil the market and allow transactions to start occurring in greater numbers."

Up to Date

Latest News

  • Exploring Real Estate Trends: From Market Insights to Island Escapes

    Issue 32 | Thursday 21 March 2024 | Exploring Real Estate Trends: From Market Insights to Island Escapes Hello, Andrew Bell here, with plenty to share in this week’s eNews, spanning various fronts. Particularly noteworthy is an incredible private island we’re auctioning under mortgagee terms in the Whitsundays, perfect … Read more

    Read Full Post

  • Celebrating International Women’s Day: RWSP Women in Leadership

    Celebrating International Women’s Day: RWSP Women in Leadership As we gear up to celebrate International Women’s Day on March 8th, it’s an opportune moment to reflect on the Ray White Surfers Paradise’s pride in our commitment to supporting and nurturing women in every aspect of our business. With 89 … Read more

    Read Full Post