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  • Perth Market Snapshot for the week ending 12 January

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    Perth Market Snapshot for the week ending 12 January - reiwa.comIn this week’s Perth Market Snapshot, reported sales continued to climb following the drop off of sales over the Christmas and New Year period.

    REIWA members reported a total of 482 sales for the week ending 12 January, an increase of 73 per cent on the figure reported last week.

    This lift can be attributed to a 67 per cent increase in house sales, a 76 per cent increase in unit sales and a 124 per cent lift in land sales.

    Even though weekly sales have been softer over the last six weeks, it is timely to remember the seasonal impact of Christmas during this period.

    Listings for sale have increased two per cent this week, lifting from 14,291 last week to 14,578 this week. Listings for houses, units and land have all experienced an increase of two per cent this week.

    In Perth’s rental market, REIWA members reported an increase of three per cent in the number of total properties available for rent, which lifted from 9,806 last week to 10,096 this week.

    This figure is five per cent higher than the number reported four weeks ago, while this time last year rental listings were 6,490.

    Take a look at the breakdown of the past week:

    Perth Market Snapshot for the week ending 12 January - reiwa.com

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