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  • Perth Market Snapshot for the week ending 22 December

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    Perth Market Snapshot for the week ending 22 December - reiwa.comOverall reported sales in Perth increased 10 per cent to 601 sales this week.  

    The increase can be attributed to a 13 per cent increase in house sales and a 16 per cent lift in unit sales, while sales for land saw a week on week decrease of 22 per cent. 

    The total number of properties listed for sale continued to decrease over the week, dropping two per cent to 15,606 this week from 15,980 last week.

    Listings for houses and units have decreased by two per cent and three per cent respectively, while land listings saw a marginal one per cent increase.  

    The total number of listings recorded this week is now at its lowest level since early October this year.

    In Perth’s rental market, REIWA members reported a one per cent lift in the total number of properties for rent over the week, lifting from 9,600 listings last week to 9,654 this week. This is three per cent higher than the figure recorded four weeks ago.

    The distribution of rental listings continues to remain split at around 60 per cent houses and 40 per cent units.

    Take a look at the breakdown of the past week:

    Perth Market Snapshot for the week ending 22 December - reiwa.com

    Discover more about Perth’s real estate market.