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THE McGRATH NEWSLETTER
1 WELCOME Katrina brings over five years of experience and a natural ability to communicate easily with people of all age groups to her role, relationship building is the core focus of her day-to-day life. Her outstanding communication skills and gift for putting people at ease ensures a straight forward experience for vendors and buyers throughout their property journey.
Katrina Wright M 0400 748 638 D 9532 7019 E katrinawright@mcgrath.com.au
mcgrath.com.au
Market Snapshot The RBA has cut interest rates yet again this month to a new low of 2.00% in an effort to further stimulate the Australian economy. The housing market remains strong and “inflation is expected to remain consistent with the target over the next one to two years, even with a lower exchange rate” according to RBA Monetary Decision Governor, Glenn Stevens. McGrath Real Estate is very happy to announce that March 2015 was their best sales month on record! Our network boasted an unprecedented 1,281 sales, for a total of $1.46 Billion. John McGrath, Chief Executive of
McGrath Estate Agents, explains that these figures were reflective of the continued strength of the property market. “We are seeing real strength in the auction method across our eastern seaboard network, particularly in the $750,000 to $1.5 million price bracket where we saw an overall clearance rate of 85%,” said McGrath, adding “In terms of the most active buyers in today´s market, upgrading couples/ families and investors continue to dominate.”